Markets

Interest Rate futures and options

Manage interest rate risk via the world’s most liquid and efficient Interest Rate derivatives marketplace.

Trade futures and options on U.S. Treasuries, SOFR, Fed Funds, €STR, TBAs, Credit and more, with maturities from one week to 30-years.

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Liquidity and efficiency, now in credit markets

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Explore our Interest Rate products

U.S. Treasuries

View Micro Treasuries
View Yield futures
View Invoice Swap spreads
Get access to U.S. Treasury data

SOFR

View SOFR options
View SOFR swaps
View Term SOFR Rates
Get access to SOFR data

Fed Funds

View FedWatch
View Inter-commodity spreads
Get access to Fed Funds data

Credit

View vendor codes
Discover Credit futures

U.S. T-Bill

View vendor codes
View block market makers
Get access to U.S. T-Bill data

ESTR

View vendor codes
Get access to €STR data

Mexican Funding TIIE

View Settlement Methodology
Get access to Mexican Funding TIIE data

SONIA

View Quarterly IMM SONIA products
View MPC SONIA products
Get access to SONIA data

TBA futures

View vendor codes
View block market markers
Get access to TBA futures data

Swap futures

Understanding Swap futures
Get access to Swap futures data
View CME Rulebook for information on exchange rules, delivery procedures, and clearing services

Block trades

View Block Trade Reference Guide for block rules, minimums, hours, and more
Sign up for block trade email alerts

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Resources

Trading Hours
Price Limits
Daily Bulletin
Find a Broker
C-cross Protocol
Pace of the Roll
Commitment of Traders
Options Expirations
Platform

BrokerTec

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Treasury CVOL Index

Interest Rate Data

Interest Rate tools

CME SOFRWatch

Visualize the potential impacts of FOMC decisions on SOFR expectations.

CME €STRWatch

Visualize the potential impacts of ECB decisions on the expected prices of €STR futures.

Cross-Currency Basis Watch

Monitor the magnitude of EUR/USD cross-currency basis for short-dated periods and forward-starting IMM periods.

CME FedWatch

Explore probabilities for FOMC rate moves, compare target ranges or view historical rate data.

TreasuryWatch

View Treasury yields and volatility, track auctions and coupon issuance, and chart the Fed's balance sheet composition.

Commitments of Traders

View positioning data by segment, at what size, whether they’re long, short, or spreading, and chart changes over time.

Total Cost Analysis

Analyze the all-in costs of managing interest rate exposure using listed futures versus over-the-counter (OTC) instruments like swaps.

Pace of the Roll

Track the pace of the Treasury roll, compare vs. historical averages, and analyze the cheapness/richness of the calendar spread.

Open Interest Profile

Analyze open interest and open interest change patterns for Interest Rate options by expiration.

Treasury Analytics

Analyze deliverable baskets, CTD/OTR securities, futures/cash yield curves, inter-commodity spreads, and more.

Mortgage Analytics

Access TBA futures data and interactive modelling of the Fed’s MBS holdings and projected pace of run-offs.

STIR Analytics

Access historical fixings for EFFR, SOFR, and Term SOFR, compare futures curves, and analyze basis spreads between STIR futures.

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Courses

Take self-guided courses on Interest Rates

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