Eurodollar futures contract was launched on 198 1, which is the first futures contract settled in cash. It is reported that people camped the night before the contract opened and flooded the pit when the Chicago Mercantile Exchange opened. This trading hall is the largest in history, almost equivalent to the size of a football field, and has quickly become one of the most active trading halls. More than 65,438+0,500 traders and staff members are called the upper trading floor of CME every day.

CME has been transferred to the trading floor of Chicago Board of Trade, and 98% of European dollar transactions are completed electronically.

In 2004, there was only one variety of European dollar futures in three months, with the annual turnover reaching 275 million and the open contract reaching 7 million, about 7 trillion US dollars. Based on 250 working days per year, the average daily turnover is 165438+ ten thousand, and the average daily turnover exceeds 1 one trillion dollars.