CME Group to launch new spot FX marketplace next year

<img width="250" height="151" src="https://www.leaprate.com/wp-content/uploads/2021/12/CME-Group-02-250×151.jpg" class="webfeedsFeaturedVisual wp-post-image" alt="" decoding="async" style="float: left; margin-right: 5px;" link_thumbnail="" srcset="https://www.leaprate.com/wp-content/uploads/2021/12/CME-Group-02-250×151.jpg 250w, https://www.leaprate.com/wp-content/uploads/2021/12/CME-Group-02-700×422.jpg 700w, https://www.leaprate.com/wp-content/uploads/2021/12/CME-Group-02-768×463.jpg 768w, https://www.leaprate.com/wp-content/uploads/2021/12/CME-Group-02-120×72.jpg 120w, https://www.leaprate.com/wp-content/uploads/2021/12/CME-Group-02-245×148.jpg 245w, https://www.leaprate.com/wp-content/uploads/2021/12/CME-Group-02-500×301.jpg 500w, https://www.leaprate.com/wp-content/uploads/2021/12/CME-Group-02.jpg 880w" sizes="(max-width: 250px) 100vw, 250px" /><p><a href="https://www.leaprate.com/cryptocurrency/exchange/cme-introduces-ether-bitcoin-ratio-features/" target="_blank" rel="noopener">CME Group</a> has cemented its position as a leading global financial derivatives marketplace in recent years. It operates a range of trading markets, including mercantile exchanges in Chicago and New York. The new all-to-all spot FX marketplace will build on its existing infrastructure and expertise to deliver a feature-rich experience for customers. They will, for example, be able to access CME FX futures liquidity for the first time via the CME Globex network.</p>
<hr />
<p><a href="https://finaffiliates.us20.list-manage.com/subscribe/post?u=e0dd4d77c259eb270712a4eeb&amp;id=fd200b8f75&amp;v_id=4291&amp;f_id=00946ce6f0" target="_blank" rel="noopener">Don’t miss out the latest news, subscribe to LeapRate’s newsletter</a></p>
<hr />
<p>Houston believes FX Spot+ will benefit the industry by increasing access and transparency of trading opportunities in foreign exchange. The launch will again burnish CME Group’s reputation as a one-stop shop for all global benchmarked products. The company’s exchange currently provides a plethora of major asset classes; traditional FX and equity indexes are available alongside other products, including metals, energy and agriculture.</p>
<p>Houston added in a statement:</p>
<blockquote><p>Alongside our FX futures and our EBS offerings, this new spot FX marketplace – and its unique connection with our FX futures liquidity – is the latest example of how having futures and spot markets at CME Group can support accessible, centralized liquidity within the highly fragmented FX market.</p></blockquote>
<p>Spot FX participants will have to wait a little while for an official launch, though. Client testing is penned in for the second half of next year.</p>
<p>The post <a rel="nofollow" href="https://www.leaprate.com/news/cme-group-to-launch-new-spot-fx-marketplace-next-year/">CME Group to launch new spot FX marketplace next year</a> appeared first on <a rel="nofollow" href="https://www.leaprate.com">LeapRate</a>.</p>