The latest round of block flow appears to represent rolling of an existing SOFR/Fed Funds widener position (based on CME e-mail directional indications) from the N3 contracts into the Q3 contracts, with 2,863 lots blocked thus far.
Copyright 2024
The latest round of block flow appears to represent rolling of an existing SOFR/Fed Funds widener position (based on CME e-mail directional indications) from the N3 contracts into the Q3 contracts, with 2,863 lots blocked thus far.
The latest round of block flow appears to represent rolling of an existing SOFR/Fed Funds widener position (based on CME e-mail directional indications) from the N3 contracts into the Q3 contracts, with 2,863 lots blocked thus far.