CME Europe to Start new FX Liquidity Creation Programme in June
Posted: Mon May 23, 2016 8:11 am
CME Europe Limited (CMEEL) today announced that it is replacing its current Long Term Revenue Share Programme (LTRSP) at the end of June 2016 with a new FX Liquidity Creation Programme (LCP), as per an advisory notice from the exchange.
The program is open to an unlimited number of members, but only the top 8 could potentially share in the $100,000 in funds that may be pooled as a reward to top participants that meet the 5% requirement of all trading volume, and who thus help improve trading conditions with the added volumes, as per the CME Europe update. ... (read more)