Free Trial

OI Points To Mixed SOFR Positioning Swings On Tuesday

STIR

The combination of preliminary open interest data and Tuesday’s price action indicated the following net positioning moves.

  • Long cover in SFRU3 seemingly resulted in net long covering being the dominant force in the whites.
  • The reds and the greens seemingly saw fresh shorts set on net.
  • The blues seemingly saw a mix of positioning swings, with nothing in the way of a meaningful trend observed.
22-Aug-2321-Aug-23Daily OI ChangeDaily OI Change In Packs
SFRM31,125,0511,123,545+1,506Whites-6,607
SFRU31,056,2341,076,176-19,942Reds+18,156
SFRZ31,237,6701,234,016+3,654Greens+14,548
SFRH4930,000921,825+8,175Blues-3,143
SFRM4855,785845,132+10,653
SFRU4779,029775,085+3,944
SFRZ4768,051761,547+6,504
SFRH5530,301533,246-2,945
SFRM5624,387616,845+7,542
SFRU5486,217478,674+7,543
SFRZ5447,768447,328+440
SFRH6258,803259,780-977
SFRM6214,853214,823+30
SFRU6156,133158,927-2,794
SFRZ6184,463185,467-1,004
SFRH7134,964134,339+625
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com
MNI London Bureau | +44 0203-865-3809 | anthony.barton@marketnews.com

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.