I thought this may be a great place to ask for information about Skty.. Anyone know anything about this group.. I believe they trade the Eurodollar at the CME, I also believe they are starting a group to trade gas and oil in Ny... Looking for any info. about them; how they operate, reputation, how long have they traded the Eurodollar anything please etc.. Thanks for any insights..
Eurodollar is not the EU currency. It is a general reference to debt payable by banks outside the US, but denominated in USD. It was originally European banks but now includes more. The Eurodollar future/financial instrument hence trades like a bond which depends mostly on US interest rates. Euro currency or Euro FX is the money used in Europe domestically.