Implied functionality, also known as implied spreading or pricing, integrates bids and offers in both spreads and their outright contracts to provide the most liquid possible markets with the best possible prices.

Implied functionality is currently supported for Interest Rates, including Eurodollars; NYMEX on CME Globex; and Commodities futures markets.

Resources

• More information on implied functionality is available in the CME Globex Software Development Kits.
• The complete list of products on CME Globex that support implied functionality
• Eurodollar Futures Implied Spreads
• Implied Pricing Overview
• Eurodollars on CME Globex Implied Pricing presentation