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6Z1

$--
--%
1d
1w
1m

Analysis and statistics

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About

The financial product symbol 6Z1.F refers to the December 2024 Eurodollar futures contract traded on the Chicago Mercantile Exchange (CME) via the CME Globex platform. Eurodollar futures are cash-settled contracts based on the three-month London Interbank Offered Rate (LIBOR), although following the discontinuation of LIBOR, they now settle based on the Secured Overnight Financing Rate (SOFR). The "6" indicates the year 2026, "Z" indicates December, and "1" is part of the series. These futures contracts are used by investors and financial institutions to hedge interest rate risk or to speculate on future interest rate movements. They are quoted as 100 minus the implied forward rate.
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Factors

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