Key facts
- ICE Euribor open interest surpassed 26.8 million lots, a new record.
- The previous record for ICE Euribor open interest was set in 2010.
- ICE €STR futures reached a record of over 3 million lots.
- These records indicate growth in ICE's European interest rate complex.
The growth in open interest for ICE Euribor and €STR futures reflects increased activity and hedging in European interest rate markets. This surge suggests heightened market participation and potentially greater uncertainty or strategic positioning related to European monetary policy and economic conditions.