Interest rate ETD open interest soars
Outstanding positions at end-March hit $105 trillion
Market participants piled into exchange-traded interest rate derivatives in the first quarter of the year, with open interest in options and futures contracts combined growing 31%.
Open interest across short- and long-term contracts stood at $105 trillion at end-March, up from $81 trillion at end-December 2017.
Short-term contract open interest grew from $77 trillion to $102 trillion, whereas long-term contract open interest grew from $3.1 trillion to $3.4 trillion.
Interest rate futures
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