Market participants deep in preparation as FX market changes ramp up
The foreign exchange software market size is expected to be $16.4 billion by 2032 – with a compound annual growth rate of 7.6% – study predicts.
Tag: CME
Results roundup: Derivatives exchanges post Q2 revenue increases amidst macroeconomic uncertainty
CME Group, Intercontinental exchange (ICE) and Eurex Exchange all made headway with updates to their offerings during the second quarter.
ED&F Man Capital Markets assists in clearing CME Euro-denominated futures blocks trades
The firm assisted its customers and CME in completing the trades on market open on 28 August.
CME Group’s international average daily volume up by 13% year on year
Increased ADV resulted from the global growth in interest rate and energy products, which were up 54% and 31% respectively.
CME to launch E-mini Russell 2000 Monday and Wednesday options
New weekly options contracts will increase precision, adding more granularity to trading strategies, allowing Russell 2000 Index exposure to be more fine-tuned, said the exchange.
BGC appoints Fenics global head of data operations from CME
Ray Bencheikh joins BGC’s Fenics Market Data division to lead data operations globally after previously working at CME, NEX Group and ICAP.
Trading Venues
Farewell open outcry
Following the decision by US derivatives exchange group CME to permanently close its open outcry trading pits, Annabel Smith looks at the history of trading floors in Chicago.
India’s NSE overtakes CME Group as largest derivatives exchange globally
The NSE of India traded 6 billion contracts in 2019, up 58% from the year prior, compared to 4.83 billion contracts traded at CME Group.
FX industry urged to better understand flash crashes
Panelists at Sibos in London agreed that flash crashes are more common in markets today, but the industry still lacks understanding.
CME shakes up leadership of former NEX business lines
New senior management for BrokerTec, EBS and Optimisation Services business lines installed following acquisition by CME.