I understand the idea behind the TED Spread trade. I've been following it for two decades, but have never initiated a trade. I know things have changed with it. Can someone walk me through exactly how to initiate the trade today?
I held paper in the Eurodollar pit for executing TED spreads 25+ years ago. It's still around but execution sure has changed. You're going to want to use Autospreader and create a spread between two year futures and a Eurodollar strip.