Marex clears first ever UST delivery on FMX Futures Exchange
The delivery follows the launch of FMX in September 2024, as well as the exchange’s two-year and five-year UST futures contracts unveiled in May 2025.
The delivery follows the launch of FMX in September 2024, as well as the exchange’s two-year and five-year UST futures contracts unveiled in May 2025.
As the FX market looks to navigate the bifurcation of alternative liquidity coming from main trading venues, such as major electronic communications networks (ECNs), and bilateral liquidity from less standardised venues, experts at TradeTech FX 2025 explored the impact this is having on market structure.
Awards for exchanges, sell-side firms, technology vendors and more to be handed out on 6 November at the Savoy in London alongside previously announced survey honours.
The contracts are scheduled to go live in Q1 2026 and follows strong adoption of FLEX options in the US since the products were launched in the region in 1993.
The addition marks the seventh liquidity provider to join the exchange’s solution and follows the incorporation of Societe Generale onto the service in June 2025.
Bloomberg Intelligence’s recent report showed that activity across systematic internalisers (SI), off-book on-exchange and over-the-counter (OTC) trading is driving bilateral growth across European markets.
Move is expected to provide both institutional and retail traders with the opportunity to access ten of the most actively traded AI technology and growth-oriented stocks through cash-settled index options and futures.
The US Securities Exchange Commission (SEC) approval of 23/5 weekday trading of US equities was granted to 24X in November 2024.
Through the move, the group has integrated execution, content, and analytics in a bid to promote “smarter trading”.
The SEC filing follows an increased integration of digital assets alongside traditional finance across the industry in recent months.