Exchanges Await Starting Gun In Race To Trade Cross Rates


Of the three U.S. exchanges that have filed to trade cross rate currency products this year, none have received regulatory approval yet. In fact, in what could be an interesting twist of fate, the Philadelphia Stock Exchange (PHLX), the last to apply, may be the first to get approval.

Although exchange officials have often complained about the regulatory process for just this reason, they also have themselves to blame in this case. Cross rate trading has been one of the fastest growing areas in

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services -, or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: