October 02, 2024 10:17 GMT
STIR: Short Cover Dominated In SOFR Futures On Tuesday
STIR
OI suggests that short cover dominated during yesterday’s rally in SOFR futures, as geopolitical risk and spill over from European markets drove the bid.
- Contracts finished shy of session highs.
- Isolated pockets of long setting were also seen.
|
01-Oct-24
30-Sep-24
Daily OI Change
Daily OI Change In Packs
SFRU4
1,312,921
1,336,474
-23,553
Whites
-57,003
SFRZ4
1,383,117
1,405,116
-21,999
Reds
-3,870
SFRH5
1,078,421
1,089,925
-11,504
Greens
-18,769
SFRM5
923,928
923,875
+53
Blues
+1,260
SFRU5
697,557
696,733
+824
SFRZ5
1,014,621
996,375
+18,246
SFRH6
685,057
699,027
-13,970
SFRM6
625,683
634,653
-8,970
SFRU6
556,857
563,474
-6,617
SFRZ6
594,944
606,404
-11,460
SFRH7
370,176
369,917
+259
SFRM7
317,428
318,379
-951
SFRU7
258,989
261,250
-2,261
SFRZ7
228,790
227,180
+1,610
SFRH8
183,196
181,169
+2,027
SFRM8
154,676
154,792
-116
Keep reading...Show less
55 words