CME Expands Range of Circuit Breakers on Forex Ahead of Brexit: Reuters

Moderator: moderators

kreslik.news
rank: 5000+ posts
rank: 5000+ posts
Posts: 5142
Joined: Thu Jan 14, 2016 9:36 am
Reputation: 0
Gender: None specified

CME Expands Range of Circuit Breakers on Forex Ahead of Brexit: Reuters

Postby kreslik.news » Wed Jun 22, 2016 8:14 am


The Chicago Mercantile Exchange (CME) has reportedly doubled the special price fluctuation limits for all currency pairs and options, according to coverage by Reuters citing a notice yesterday sent to electronic traders from the CME, as it prepares for potential Brexit volatility today.

Abrupt changes in market prices can trigger circuit breakers such as when futures reach limit-up or limit-down, in an effort to deter price overreaction.

Finance Magnates has reported on a growing list of brokerages that have made changes to trading conditions tied to potential market volatility expected from the Brexit vote, as can be seen in ... ([url=http://www.financemagnates.com/institutional-forex/exchanges/cme-expands-range-circuit-breakers-forex-ahead-brexit-reuters/]read more)

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

Return to “news”