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interestrates@cmegroup.com

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Local: 312-930-1000
Toll Free: 866-716-7274

Customer Service
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Phone: 312-930-2316
Toll Free: 800-331-3332
E-mail:info@cmegroup.com

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CDR Liquid 50 NAIG Index

Product Overview

CDR Liquid 50 North America Investment Grade Index Futures
CBOT CDR Liquid 50 NAIG Index futures contract provides a transparent investment grade benchmark for credit default swaps that can be traded in a centralized marketplace with substantial reductions in counterparty and operational risk.

  • Allow buyers to hedge against potential credit losses
  • Enable sellers to assume credit risk in exchange for payment.
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General News & Announcements for Interest Rate
RSS

3-Month Overnight Index Swaps Launching Sept. 7

Trade the spread between 3-month LIBOR and 3-month overnight rates with this new STIR product.


Four Important New Publications for Interest Rate Customers

View and download them here.


To request a print version, please call Customer Service at 1-800-331-3332 or 312-930-2316.

 


New Market Maker Programs for Interest Rates Products

Get complete details on our market maker programs for trading options on U.S. Treasuries, 30-Day Fed Funds and Eurodollars


CME Product Market Data
Report Type

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Contract Specification View
Trade Unit One Liquid 50 Credit Default Swap Index (IG) Futures Contract
Settle Method Delivery
Point Size One point = 1.00 = $500
Strike Price Interval All months; one basis point (1.00)
Strike
Limits/Price Banding
Tick Size (Minimum Fluctuation)
Regular0.01=$5.00
Trading Hours Sunday/Friday 5:30 p.m.-4:00 p.m. CT; Shutdown period from 4:00 p.m. to 5:00 p.m. nightly. LTD (10:00 am CST)
Listed All listed series
Product Codes Electronic: CX Clearing: 50
Minimum Block Size
Product Calendar The first two consecutive contracts in the March-June-September-December quarterly cycle.
View current product listings
General News & Announcements for Interest Rate
RSS

3-Month Overnight Index Swaps Launching Sept. 7

Trade the spread between 3-month LIBOR and 3-month overnight rates with this new STIR product.


Four Important New Publications for Interest Rate Customers

View and download them here.


To request a print version, please call Customer Service at 1-800-331-3332 or 312-930-2316.

 


New Market Maker Programs for Interest Rates Products

Get complete details on our market maker programs for trading options on U.S. Treasuries, 30-Day Fed Funds and Eurodollars


Contracts Currently Eligible to Trade and Recently Expired Contracts
Contract Month Product Code First Trade Date Last Trade Date Settlement Date
DEC08 50Z08 09/02/2008 Add to Outlook 12/15/2008 12/16/2008
General News & Announcements for Interest Rate
RSS

3-Month Overnight Index Swaps Launching Sept. 7

Trade the spread between 3-month LIBOR and 3-month overnight rates with this new STIR product.


Four Important New Publications for Interest Rate Customers

View and download them here.


To request a print version, please call Customer Service at 1-800-331-3332 or 312-930-2316.

 


New Market Maker Programs for Interest Rates Products

Get complete details on our market maker programs for trading options on U.S. Treasuries, 30-Day Fed Funds and Eurodollars