Chicago Board of Trade (CBoT) began allowing block trading
in its interest rate swap futures and agency futures last
"Wholesale transactions," as the exchange calls them, are
block trades for swaps market participants who want to arrange
or seek a large trade with the benefit of clearing and
settlement. CBoT now offers such trades on 5- and 10-year swap
futures as well as 5- and 10-year agency note futures.
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