It refers to the European dollar trading and lending market. The market is not restricted by any national laws and regulations, and has the advantages of tax exemption, no fixed reserve payment and strong liquidity. In addition, most of the trading objects are time deposits with standard maturities, generally short-term, and the rest are negotiable certificates of deposit.

What is Eurodollar Futures?

Eurodollar futures are derivatives of Eurodollar, which have the general properties and functions of futures, and are financial instruments provided by Chicago Mercantile Exchange for investors to avoid risks.