CME Group Announces CME Term €STR Reference Rates
Portfolio Pulse from
CME Group has announced the launch of CME Term €STR Reference Rates, which are based on its €STR futures and OTC swap market data. This move is in response to client demand for a term rate anchored in €STR markets.
December 04, 2024 | 10:15 am
News sentiment analysis
Sort by:
Ascending
POSITIVE IMPACT
CME Group has introduced CME Term €STR Reference Rates, utilizing its €STR futures and OTC swap market data. This development is aimed at meeting client demand for a term rate in €STR markets.
The introduction of CME Term €STR Reference Rates is a strategic move by CME Group to expand its product offerings and meet client demand. This could potentially increase trading volumes and attract more clients, positively impacting CME's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100