Smaller Ticks, Lower Costs: BrokerTec Reduces 3-Year MPI

  • 25 Mar 2021
  • By Bobby Timberlake

While long-term rates have begun to rise in early 2021, the short end of the curve remains at historic lows. Following the success of minimum price increment reductions in the BrokerTec 2-Year Treasury Note and CBOT 2-Year Treasury Note futures, a tick cut in the 3-Year Treasury Note will allow more precise hedging and price discovery.

CME Group Login

Log in or create an account to access premium content on cmegroup.com

About CME Group

As the world’s leading derivatives marketplace, CME Group is where the world comes to manage risk. Comprised of four exchanges - CME, CBOT, NYMEX and COMEX - we offer the widest range of global benchmark products across all major asset classes, helping businesses everywhere mitigate the myriad of risks they face in today's uncertain global economy.

Follow us for global economic and financial news.

CME Group on Twitter

CME Group on Facebook

CME Group on LinkedIn

CME Group is the world’s leading derivatives marketplace. The company is comprised of four Designated Contract Markets (DCMs). 
Further information on each exchange's rules and product listings can be found by clicking on the links to CME, CBOT, NYMEX and COMEX.

© 2024 CME Group Inc. All rights reserved.