Free Trial

STIR: Mix Of Long Cover & Setting Most Prominent In SOFR Futures On Friday

STIR

OI data suggests that a mix of net long cover (most contracts out to SFRM6) and net long setting (further out) as the SOFR futures strip twist flattened on Friday.

 

Keep reading...Show less
49 words

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.

OI data suggests that a mix of net long cover (most contracts out to SFRM6) and net long setting (further out) as the SOFR futures strip twist flattened on Friday.

 

Keep reading...Show less