What is the meaning of Bundle?

Bundle is a Strip (q. V.,#2) of consecutive, quarterly Eurodollar or Euroyen futures contracts. Markets, such as Simex offer a Bundle as a convenient package of futures contracts, without the execution risk inherent in building up the Strip, contract by contract. A trader can use Bundles and Packs (q. V.) to implement bets on the change in shape of the Forward Curve.

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APABarry Goldsmith. (2010). bundle. Retrieved September 20, 2026, from http://smartdefine.org/bundle/definitions/1149119
ChicagoBarry Goldsmith. 2010. "bundle" http://smartdefine.org/bundle/definitions/1149119 (accessed September 20, 2026).
HarvardBarry Goldsmith 2010, bundle, Smart Define, viewed 20 September, 2026, <http://smartdefine.org/bundle/definitions/1149119>.
MLABarry Goldsmith. "bundle" 21 October 2010. Web. 20 September 2026. <http://smartdefine.org/bundle/definitions/1149119>
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