STIRs trading focuses on short-term interest rate derivatives—such as SOFR, SONIA, and €STR futures—that reflect market expectations for central bank...

STIRs trading focuses on short-term interest rate derivatives—such as SOFR, SONIA, and €STR futures—that reflect market expectations for central bank policy over the coming quarters and years. Traders, treasurers, and portfolio managers use these contracts to hedge funding costs, manage duration, and express views on rate hikes, cuts, and the shape of the front-end yield curve. Because STIRs are highly liquid and standardized, they offer tight spreads, capital efficiency through margining, and deep order books across multiple expiries. Whether you are positioning for a payrolls print, a CPI surprise, or a policy meeting, STIRs let you trade outright direction, calendar spreads, butterflies, and basis relationships versus cash bills or swaps. Understanding contract specs, tick values, margin, and how carry and convexity influence P&L is essential for consistent execution. On this page, you will learn the essentials of STIRs trading, common strategies, risk controls, and the analytics used to map implied paths of policy. Turn macro insights into structured, risk-managed trades.

<p class="branded-footer">Find professional trading tools and detailed broker reviews on FxRobotEasy.com.</p>