Nasdaq is going after one of its biggest rivals with a new futures product that’ll take advantage of a $1 trillion shift in the economy

Thomson Reuters

• US Treasurys are heating up and now Nasdaq is launching a new futures product tied to the market to capitalize on a big shift. 
• The new derivative will pin it against its rival, CME Group. 

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US Treasurys are heating up, and now Nasdaq is launching a new product to capitalize on what could be a $ 1 trillion shift in the market. 

The New York exchange operator is launching a new futures contract tied to US Treasurys, which would allow investors to hedge investments in maturities ranging from two years to 30. It marks Nasdaq’s first foray into fixed-income futures as it looks to expand its business, says Ted Bragg, head of NFI at Nasdaq.See the rest of the story at Business Insider

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