Eurodollar Futures and LIBOR
Abstract
The Chicago Mercantile Exchange is a global derivatives market place. The CME group is an order driven exchange that facilitates the trading of forward, futures and options contract on numerous products within key asset classes such as agriculture/ energy/metals, equities, interest rates, and exchange rates. Hence a very popular US interest rate futures contract is the three-month Eurodollar futures traded on the CME.
Keywords. Eurodollar; LIBOR; Interest rates; Financial crises.
JEL. N10; N20; E40; E50; G21.Keywords
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DOI: http://dx.doi.org/10.1453/jeb.v9i1.2295
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