Eurodollar futures
E17345
Eurodollar futures are interest rate futures contracts based on U.S. dollar deposits held outside the United States, widely used to hedge or speculate on short-term dollar interest rates.
All labels observed (1)
| Label | Occurrences |
|---|---|
| Eurodollar futures canonical | 5 |
How this entity was disambiguated
This entity first appeared as the object of triple T144940 — resolving that mention is where its identity was fixed. The disambiguator weighed these candidate entities and picked the highlighted one (or “None”, minting a new entity). This is how homonymy is resolved: the same surface form can point to different entities.
NED1
Entity disambiguation (via context triple)
gpt-5-mini-2025-08-07
Target entity: Eurodollar futures Context triple: [Chicago Mercantile Exchange, notableProduct, Eurodollar futures]
-
A.
US dollar
The US dollar is the official currency of the United States and the world’s primary reserve currency used widely in global trade and finance.
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B.
Chicago Mercantile Exchange
The Chicago Mercantile Exchange is a major U.S. derivatives marketplace where futures and options on a wide range of asset classes are traded.
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C.
FED
FED is the commonly used abbreviation for the Fluids Engineering Division, a professional group focused on research and advancements in fluid mechanics and related technologies.
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D.
Federal Reserve Note
A Federal Reserve Note is the official paper currency issued by the central banking system of the United States, serving as the primary form of U.S. dollar banknotes in circulation.
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E.
Deutsche Mark
The Deutsche Mark was the former official currency of West Germany and later unified Germany, renowned for its stability and strength until it was replaced by the euro.
- F. None of above. chosen
- G. Unsure - the case is ambiguous/there is not enough information to decide.
NED2
Entity disambiguation (via description)
gpt-5-mini-2025-08-07
Target entity: Eurodollar futures Target entity description: Eurodollar futures are interest rate futures contracts based on U.S. dollar deposits held outside the United States, widely used to hedge or speculate on short-term dollar interest rates.
-
A.
US dollar
The US dollar is the official currency of the United States and the world’s primary reserve currency used widely in global trade and finance.
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B.
CME livestock futures
CME livestock futures are standardized exchange-traded contracts on the Chicago Mercantile Exchange that allow participants to hedge or speculate on the future prices of livestock such as cattle and hogs.
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C.
Chicago Mercantile Exchange
The Chicago Mercantile Exchange is a major U.S. derivatives marketplace where futures and options on a wide range of asset classes are traded.
-
D.
FED
FED is the commonly used abbreviation for the Fluids Engineering Division, a professional group focused on research and advancements in fluid mechanics and related technologies.
-
E.
Federal Reserve Note
A Federal Reserve Note is the official paper currency issued by the central banking system of the United States, serving as the primary form of U.S. dollar banknotes in circulation.
- F. None of above. chosen
Statements (48)
| Predicate | Object |
|---|---|
| instanceOf |
exchange-traded derivative
ⓘ
financial derivative ⓘ interest rate futures contract ⓘ |
| alsoUsedFor |
arbitrage between cash and futures interest rate markets
ⓘ
speculation on future short-term interest rates ⓘ |
| clearedBy |
CME Group
ⓘ
surface form:
CME Clearing
|
| contractMonths |
December
ⓘ
June ⓘ March ⓘ September ⓘ |
| contractType | standardized exchange-traded contract ⓘ |
| currencyOfTrade |
US dollar
ⓘ
surface form:
USD
|
| denominatedIn |
US dollar
ⓘ
surface form:
United States dollar
|
| distinguishedFrom | over-the-counter interest rate forwards ⓘ |
| hedgingHorizon | short-term interest rate exposures up to several years ahead ⓘ |
| introducedBy | Chicago Mercantile Exchange ⓘ |
| introducedIn | 1981 ⓘ |
| linkedInPracticeTo |
Eurodollar time deposits
ⓘ
interest rate swaps ⓘ money market instruments ⓘ |
| marginSystem | exchange clearinghouse margining ⓘ |
| marginType | performance bond (initial margin) ⓘ |
| marketParticipants |
asset managers
ⓘ
commercial banks ⓘ corporate treasurers ⓘ hedge funds ⓘ investment banks ⓘ proprietary trading firms ⓘ |
| maturity | 3 months ⓘ |
| priceMoveConvention | quoted in price points and ticks ⓘ |
| priceRelationship |
futures price falls when expected interest rates rise
ⓘ
futures price rises when expected interest rates fall ⓘ |
| primaryUse | hedging short-term U.S. dollar interest rate risk ⓘ |
| quotedAs | 100 minus the annualized 3‑month USD LIBOR rate ⓘ |
| regardedAs | benchmark for short-term U.S. dollar interest rate expectations ⓘ |
| regionOfUnderlyingDeposits | banks outside the United States ⓘ |
| riskManagementUse |
hedging bank funding costs
ⓘ
hedging corporate floating-rate borrowing costs ⓘ hedging interest rate swap exposures ⓘ |
| settlementDayBasis | actual/360 day-count convention ⓘ |
| settlementType | cash settled ⓘ |
| tickSize | 0.005 price points ⓘ |
| tickValue | 12.50 U.S. dollars per contract ⓘ |
| tradedOn |
CME Group
ⓘ
surface form:
CME Globex electronic trading platform
Chicago Mercantile Exchange ⓘ |
| typicalContractSize | 1,000,000 U.S. dollars notional ⓘ |
| underlyingAsset | U.S. dollar time deposits held outside the United States ⓘ |
| underlyingReference | 3-month U.S. dollar LIBOR ⓘ |
How these facts were elicited
The pipeline generated the facts above by prompting gpt-5.1 with this entity's name + description and the instruction below.
Instruction
You are a knowledge base construction expert. Given a subject entity and a description of it, return factual statements that you know for the subject as a JSON list of dictionaries(triples), where keys must be "subject", "predicate" and "object". The number of facts may be very high, between 25 to 50 or more, for very popular subjects. For less popular subjects, the number of facts can be very low, like 5 or 10. # Requirements - If you don't know the subject at all, return an empty list. - If the subject is not a named entity, return an empty list. - Include at least one triple where predicate is "instanceOf". - Do not get too wordy. - Separate several objects into multiple triples with one object.
Input
Subject: Eurodollar futures Description of subject: Eurodollar futures are interest rate futures contracts based on U.S. dollar deposits held outside the United States, widely used to hedge or speculate on short-term dollar interest rates.
Referenced by (5)
Full triples — surface form annotated when it differs from this entity's canonical label.