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Red strip spread trades in good size today

US EURODLR FUTURES

Continued decent spread size going through in the Eurodollar red strip, which we noted early during the European session, and has continued as the US joined.

  • Explains the elevated volumes in that part of the strip
  • EDZ1/EDH2 traded 96k spread outright so far today
  • EDH2/EDM2 close to 50k

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