Pete
Jul 14, 20201 min
Enhanced 3-Year Treasury futures
Over 1,600 contracts traded on day 1
Enhanced 3-Year Treasury Note futures are now live, featuring a reduced tick (1/8), new matching algorithm (FIFO), a more robust deliverable basket, and a renewed focus on liquidity in partnership with top Treasury market makers.
Day 1 trading recap:
Participants: 40+
Volume: 1,610 contracts traded on CME Globex, surpassing Ultra 10's day 1 Globex volume (Ultra 10 grew to 1 million in open interest in just four years)
Open interest: 413 contracts (prelim)
The order book improved throughout the day, often with substantial quantities resting at the new minimum tick of 1/8 of 1/32