Options On CBOT Interest Rate Swaps Launch Friday Trading Begins November 8th, 9:00 a.m.

The introduction of Options on the CBOT® 5- and 10-year Interest Rate Swap futures provides mortgage originators, servicers, pipeline managers and institutional investors with an effective new risk management tool.

Features of Options on the CBOT Interest Rate Swap futures:

• Enhanced liquidity with ABN AMRO Bank N.V. as the CBOT Interest Rate Swap Options open auction and electronic market maker.
• Price transparency-all participants have access to prices.
• Arbitrage opportunities against US Treasuries and Agencies.
• Virtual elimination of counter-party credit risk due to clearing by the AAA-rated Board of Trade Clearing Corporation