Interest Rate options
Access the liquidity and flexibility you need to manage risk across the entire U.S. dollar-denominated yield curve.
Product Name | Clearing | Globex | Exch | Volume | Open Interest |
---|---|---|---|---|---|
Product Name | Clearing | Globex | Exch | Volume | Open Interest |
Options on Three-Month SOFR Futures | SR3 | SR3 | CME | 827,038 | 28,379,849 |
One-Year Mid-Curve Options on Three-Month SOFR Futures | S0 | S0 | CME | 244,647 | 6,551,985 |
10-Year T-Note Options | 21 | OZN | CBOT | 717,510 | 2,491,972 |
Two-Year Mid-Curve Options on Three-Month SOFR Futures | S2 | S2 | CME | 48,147 | 1,738,904 |
Three-Year Mid-Curve Options on Three-Month SOFR Futures | S3 | S3 | CME | 29,879 | 898,411 |
Get information on exchange rules, delivery procedures and clearing services. View CBOT Rulebook.
Manage interest rate risk across the yield curve with more granularity
With 140 expirations listed at a time across Treasuries, SOFR, Fed Funds and €STR, Interest Rate options give you the liquidity and flexibility to efficiently and effectively manage risk across the entire U.S. dollar-denominated yield curve. Trade with confidence using a wide range of our tools and resources to hone in or test out your strategies.
WHY TRADE INTEREST RATE OPTIONS?
Fine-tune your position
Choose from quarterly, monthly, Mid-Curve, serial and weekly expirations to find the right contract for your needs in any market condition.
Access flexible execution
Trade via the central limit order book (CLOB), RFQs or negotiated blocks and EFRPs.
Trade the most actively traded options
Enjoy better liquidity, tighter spreads and more opportunities to execute trades efficiently.
Tools for your trading strategy
Build and refine your trading strategies with free pricing and analytics tools for our Interest Rate products.
Interest Rate insights
Get our experts’ perspectives on current trends.
Resources
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Courses to build your knowledge
If you’re new to options, the courses below can help you quickly understand options on Interest Rate futures and start trading today.
Contact an Interest Rates expert
Connect with a member of our expert Interest Rates team to get more information about our products, find a broker or to contact a market maker.