Migration of BrokerTec and EBS businesses to the CME Globex platform follows CME’s acquisition of NEX Group in 2018.
CME Group’s EBS platform has expanded available NDFs with launch of African currency pairs following increased client demand.
New senior management for BrokerTec, EBS and Optimisation Services business lines installed following acquisition by CME.
CME said the launch marks the first time the FX market will be able to stream trade-by-trade data to analyse impact of trades.
NEX Group is the latest to report a surge in trading activity following the US election result.