CME FX on Reuters Launches
FX technology takes another step forward first quarter when CME FX on Reuters goes live.
FX technology takes another step forward first quarter when CME FX on Reuters goes live. The service will link the sell side traders in the interbank FX market, Reuters traditional client base, to CME FX futures markets, where hedge funds and other major buy side participants play a major role, resulting in more dynamic and efficient global FX markets.<br>
CME FX will be available on Reuters Dealing 3000 desktop with straight through processing in Reuters Ticket Output Feed standard. Price displays and trading functionality will replicate the look and feel of Reuters spot matching. CMEs central counterparty clearing eliminates the need for bilateral credit lines, making it easier for banks to trade with non-banks.