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STIR: OI Points To Mix Of SOFR Positioning Swings On Wednesday

STIR

OI points to a mix of short setting and long cover during yesterday’s sell off in most SOFR futures.

  • Interestingly there was no clear OI footprint for the record sized 118K block sale of SFRZ4.

 

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OI points to a mix of short setting and long cover during yesterday’s sell off in most SOFR futures.

  • Interestingly there was no clear OI footprint for the record sized 118K block sale of SFRZ4.

 

Keep reading...Show less