CME unveils upcoming FX Spot+ trading platform
New Clob aims to bridge futures and spot FX liquidity
CME Group is planning to launch a foreign exchange trading platform designed to give liquidity providers and takers a bridge between its EBS spot and futures marketplaces.
Named FX Spot+, the new all-to-all central limit order book (Clob) aims to give over-the-counter spot market participants access to futures market liquidity, and vice versa. Testing with clients will begin in the second half of 2024.
“The aim is to both open our futures liquidity to new users who trade primarily or exclusively
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