What does IMM mean in FX?
International Money Market
IMM. in Forex Trading. The “International Money Market”, a division of the Chicago Mercantile Exchange (CME) that deals primarily in currency and interest rate futures.
What is the IMM index?
IMM stands for the International Monetary Market. The IMM index is the pricing convention and the IMM date is the date of expiration for these products. There are several features that distinguish money market products from longer dated interest rate products like notes and bonds.
How do you read Commitment of Traders report?
The COT report shows how committed the large institutional “non-commercial” traders are to long or short positions within each currency pair. If traders are net short, the COT graph will show a negative position and if they are net long the COT graph will show a positive position.
What is CFTC net positions?
The Large Trader Net Position Changes and the Trading Account Net Position Changes data provides the public with a view of the amount of trading that results in net changes to positions at the trader level and at the account level. The CFTC is providing the data to the public on a one-time basis.
What is the purpose of the IMM?
The International Money Market or IMM is a division of the Chicago Mercantile Exchange (CME) that deals with the trading of currency and interest rate futures and options. Trading on the IMM started in May 1972, when the CME and the IMM merged.
What are IMM days?
The dates are the third Wednesday of March, June, September and December (i.e., between the 15th and 21st, whichever such day is a Wednesday). IMM stands for the International Monetary Market.
How is IMM Date calculated?
IMM Date means the third Wednesday of March, June, September and December, a traditional settlement date in the International Money Market. The total return is the sum of the changes in market value over time, whether positive or negative, of the underlying DX Contracts plus the return of 3-month U.S. Treasury bills.
Does CFTC regulate Bitcoin?
Bitcoin future. In the United States, Bitcoin is a commodity, and commodity futures trading is required to take place on futures exchanges regulated and supervised by the CFTC. Funds regulated under the Investment Company Act of 1940 and its rules (“funds”) are required to provide important investor protections.
What is a reportable position CFTC?
Reportable Positions If, at the daily market close, a reporting firm has a trader with a position at or above the Commission’s reporting level in any single futures month or option expiration, it reports that trader’s entire position in all futures and options expiration months in that commodity, regardless of size.
What does net position mean?
Net position. The value of the position subtracting the initial cost of setting up the position. For example, if 100 options where purchased for $1 each and the option is currently trading for $9, the value of the net position is $900 – $100 = $800.
What are IMM swaps?
A interest rate swap (typically, a fixed-floating swap) the expiration or termination dates of which follow the cycle of international money market futures and IMM futures options. The yield curve used to mark an IMM swap to market is derived from Eurodollar futures prices. …
What is imm start date?