CME Clearing

CME forex trading booms but clearing remains slow

CME Group has boasted record FX volumes in recent months and is preparing to launch its London-based derivatives exchange in September, but take-up of its OTC FX clearing services remains slow. Derek Sammann, CME’s head of FX and rates, tells Robert…

Weighing up the rupee

The growth of the Indian economy and the appreciation of the rupee in early 2012 have made the currency an attractive focus for forex investors, but strategists remain divided on the currency’s potential to rally further this year

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