hi,
I know that the price for a eurodollar future contract is
10000 x (100 - 0.25 (100- Z))
Do we assume that we will 'settle' the position - i.e. no delivery - at the end of the contract?
What will happen if we take the delivery?
Actually what is the underlying asset for a interest rate future?
Last edited by a moderator: Jun 8, 2009