CME eyes retail growth with new weekly FX options
Exchange hopes to capture massive demand from the sector
CME Group is set to launch weekly foreign exchange options contracts that expire on Tuesdays and Thursdays, allowing traders to hedge volatility around specific market events.
The new contracts – for G5 currencies – will be available on both CME’s electronic central limit order book (Clob) and off screen via bilateral block trades, from December 5. The move expands the exchange’s existing weekly FX options contracts that expire every Monday, Wednesday and Friday, giving traders the flexibility
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