CME Trader Jacket Button- ED Open Interest 500k

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Our Price: $50.00

Sale Price: $35.00

Vintage Collection

Product Code: VT128-26

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Description

This pinback button was given out by the Chicago Mercantile Exchange to Commemorate the hitting 500,000 in open interest in ED Contracts (EuroDollar). Open interest is the number of futures contract held by market participants and an indicator of the strength of the contract.

It became a tradition on the Chicago Mercantile Exchange to commemorate the launch of new contract, option, or significant Exchange event by giving the floor trader a button to pin on their jacket. These buttons would be handed out that morning at the entrance to the trading floor. The hope was to bring attention to the new option or futures contract to get them too trade it. Most tend to be discarded at the end of the day making them pretty tough to find.

Chicago Mercantile Exchange Pinback Button - EuroDollar Contract hit 500k in Open Interest

CME Trader Jacket Button
Age: 1988
3"
Condition: VG; as pictured