Chicago Mercantile Exchange developed and launched Eurodollar futures in 198 1 12. After more than 20 years of development, Eurodollar futures has become one of the most liquid and popular contracts in the global financial futures market. At present, the most active Eurodollar futures are three-month Eurodollar futures listed and traded in CME. In 2004, there was only one variety. The annual turnover reached 275 million, and the number of open contracts reached 7 million, about 7 trillion US dollars. If 250 working days are calculated every year, the average daily turnover is 1, 654,38+00,000, and the average daily turnover exceeds 1 trillion dollars.

Eurodollars are foreign exchange futures.