CME Group, the world's leading derivatives marketplace, today announced that it will launch options on Euro short-term rate (€STR) futures on May 20, 2024. "Our new €STR options will help clients more precisely manage their risk as expectations around European interest rate decisions continue to shift," said Mark Rogerson, EMEA Head of Interest Rate Products, CME Group. "This launch is the next step in the development of our robust €STR marketplace and builds on the growing liquidity and participation in our €STR futures." CME Group launched the industry's first €STR futures on October 31, 2022 as a complement to SOFR ... (full story)