Short-Term Interest Rate (STIR) futures offer one of the deepest pools of centralized liquidity in the markets, giving traders a cost-effective way to trade or hedge short-term fluctuations in money market interest rates. In this course, we will review pricing mechanics and product information of CME Group’s benchmark STIRs products: Eurodollar and Fed Fund futures, along with recently launched Alternative Reference Rate products: SOFR and SONIA futures.

These lessons will provide insight into the Micro E-mini futures, including a size comparison to classic E-mini contracts, a look at enhanced exposure and the benefits Micro E-mini futures can offer you. More precisely hedge index exposure and manage your positions with more versatility, since Micro E-mini futures are fungible with classic E-mini contracts. Even get examples of how to hedge more precisely with Micro E-mini futures.

These lessons cover the definition of futures spread trades and why you may want to add spreads to your trading strategy.  We will discuss the benefits of spread trading which include potential less risk and cost efficiencies.   These lessons will introduce the different types of spreads used with various products.