What are Euro dollar futures?

Eurodollar futures are interest-rate-based financial futures contracts specific to the Eurodollar, which is simply a U.S. dollar on deposit in commercial banks outside of the United States.

Are options on futures European?

The majority of CME Group options on futures are European style and can be exercised only at expiration.

Can Eurodollar futures go above 100?

11 The CME Globex electronic trading platform (“CME Globex”) accommodates GE futures price levels that exceed 100 IMM Index points.

How much is a Eurodollar futures contract?

Each CME Eurodollar futures contract has a notional or “face value” of $1,000,000, though the leverage used in futures allows one contract to be traded with a margin of about one thousand dollars.

What is the 3 month Libor rate today?

3 Month LIBOR Rate

Which is better futures or options?

Futures have several advantages over options in the sense that they are often easier to understand and value, have greater margin use, and are often more liquid. Still, futures are themselves more complex than the underlying assets that they track. Be sure to understand all risks involved before trading futures.

What is difference between American and European options?

The key difference between American and European options relates to when the options can be exercised: A European option may be exercised only at the expiration date of the option, i.e. at a single pre-defined point in time. An American option on the other hand may be exercised at any time before the expiration date.

How do Eurodollar futures settle?

Some futures contracts are cash-settled, others are settled via physical delivery. Soybeans, for example, are physically-delivered as part of the contract terms. They settle with the exchange of actual physical soybeans or cash soybeans between buyer and seller. Eurodollar futures however, are cash-settled.

How do eurodollar futures settle?

What is todays prime rate?

3.25%
What is the current prime rate? The prime rate is 3.25% as of July 2020, according to the Fed.

What is 1 month LIBOR currently?

1-month LIBOR rate