UPDATE: Just crossed 10,000 contracts traded as of 10 a.m. Thanks customers, and congrats team!
From my colleague Eric Ryan:
Yesterday, after two years of hard work and dedication, NYSE Liffe U.S. launched its first foray into interest-rate futures with a suite of Eurodollar products. Needless to say, the team here is very excited about not only the products themselves but the market’s reaction to their innovative combination of trading on NYSE Liffe U.S. and clearing on NYPC.
In fact, yesterday we traded nearly 4,000 contracts, pretty impressive for a first day. However, this morning we’ve already more than doubled that to nearly 10,000 lots before 10am NY! Knowing the tremendous effort and coordination that went into this project, we are truly excited for the futures team. Yet all the team has told me is that we can’t forget about the tremendous efforts of our customers,...