Free Trial

STIR: OI Points to Limited Positioning Swings In SOFR Futures On Wednesday

STIR

OI suggests that long setting dominated through the greens during Wednesday’s rally across most SOFR futures, with pockets of net short cover seen.

  • Note that SFRU4 seemed to see fresh net shorts set.
  • Both net contract-specific and pack OIs only saw relatively modest adjustments.

 

Keep reading...Show less
61 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 suggests that long setting dominated through the greens during Wednesday’s rally across most SOFR futures, with pockets of net short cover seen.

  • Note that SFRU4 seemed to see fresh net shorts set.
  • Both net contract-specific and pack OIs only saw relatively modest adjustments.

 

Keep reading...Show less