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STIR: OI Points To Short Setting & Long Cover In SOFR Futures On Wednesday

STIR

OI data points to a mix of net short setting and long cover in SOFR futures on Wednesday, as most contracts ticked lower on the day.

  • Not that net short setting in SFRH5 and SFRM6 provided two of the larger net OI swings, although long cover seemed to dominate in both the whites and reds (in net pack OI terms).

 

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OI data points to a mix of net short setting and long cover in SOFR futures on Wednesday, as most contracts ticked lower on the day.

  • Not that net short setting in SFRH5 and SFRM6 provided two of the larger net OI swings, although long cover seemed to dominate in both the whites and reds (in net pack OI terms).

 

Keep reading...Show less