Through the gateway, TT customers can trade the exchange's benchmark three-month euro yen short-term interest rate futures contract
In the financial futures category we have a 3 month KIBOR interest rate futures contract
The newly launched interest rate futures contract
as well as the awaited introduction of a STRIPS market is expected to complete the width of products available to clients.
In addition, NYSE Liffe also extended the trading hours for its Euribor interest rate futures contract
in 2007, to incorporate the Asian trading day.
Fischer's remarks fuelled that sense of anticipation, though interest rate futures contracts
indicate that market is pricing in about 50/50 odds of an increase in December.
ICE Futures Europe launched Eris Euribor and GBP LIBOR interest rate futures contracts
in June 2015.
Table 1 reviews how the price of interest rate futures contracts
changed in reaction to major forward guidance announcements during the zero lower bound period.
Last month, India's central bank took action to reverse that, announcing it would introduce 10-year interest rate futures contracts
by the end of the year.
Before yesterday's decision traders were betting on at least a quarter point cut at the bank's next meeting in August, according to Bloomberg estimates based on interest rate futures contracts
Similarly, it is believed that yields on short-term interest rate futures contracts
might rise on speculation that policy makers would lift their overnight interest rate by 0.
Prices for US interest rate futures contracts
showed dealers scaling back bets on further rate cuts, implying no more than a 50-50 chance the Fed will lower rates again in December, down from a perceived 64 per cent on Tuesday night.
For more than a decade, trading volumes in these contracts remained miniscule in comparison with other interest rate futures contracts
, such as 3-month eurodollar and long-term Treasury securities.