CME Group to Launch New Spot FX Trading Platform as Volumes Drop
- Platform dubbed ‘Spot+’ to launch in second half of next year
- Spot traders to benefit from access to CME’s futures liquidity
This article is for subscribers only.
CME Group, the world’s largest regulated foreign-exchange marketplace, is launching a new spot currency trading platform aimed at providing better liquidity across a wider pool of currency pairs, connecting cash and futures markets.
The ‘Spot+’ trading platform will be available for client testing in the second half of next year, and will give spot traders access to extra liquidity from the group’s currency futures trading business — a potential boost to volumes which have dried up as industry competition increases.