CME Group Gets the Green Light to Offer OTC FX Clearing Services
Moderator: moderators
-
- rank: 10000+ posts
- Posts: 37309
- Joined: Thu Jan 14, 2016 9:36 am
- Reputation: 2
- Gender:
CME Group Gets the Green Light to Offer OTC FX Clearing Services
Derivatives marketplace CME Group has announced that it has reached an important milestone, as the Commodity Futures Trading Commission (CFTC) has given it the all clear to offer Over-the-Counter (OTC) forex clearing services.
The London Summit 2017 is coming, get involved!
Following clearance, the firm will offer cash-settled OTC forex options in seven currency pairs, including EUR/USD, AUD/USD, USD/CHF, USD/CAD, EUR/GBP, and USD/JPY. It will offer trades with an expiration time of up to two years.
Paul Houston, the Global Head of Forex Products at CME Group, commented that this is a significant step forward for the company: “In addition to our cleared ... (read more)
Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.
Thank you for your support.