17 August 2017
visit www.avoka.com

CME FX sets new e-trading record with $30bn FX futures contracts in trade

29 October 2004  |  399 views  |  0 Source: CME

CME, the largest U.S. futures exchange and the largest regulated foreign exchange marketplace, announced that on Wednesday, October 27 the exchange set a new trading volume record of 226,405 contracts in its electronic foreign exchange (eFX) market on CME Globex(R).

Wednesday's volume was up four percent from the previous eFX volume record of 217,683 set on September 10, 2004, and represented $30 billion in notional value.

CME's Euro currency volume on CME Globex also established a new record with 126,479 contracts traded, surpassing the previous record of 110,605 contracts traded on June 9, 2004, and represented euro 16 billion ($20 billion) in notional value.

Through the end of September, trading in CME's eFX market has more than doubled from last year and is up 118 percent. CME's FX futures market provides users with liquid, transparent markets, guaranteed execution and central counterparty clearing risk management on 36 individual FX futures and 21 options on futures products. In 2003, more than 34 million FX contracts with a notional value of $3.7 trillion were traded at CME.

Comments: (0)

Comment on this story (membership required)

Related company news


Related blogs

Create a blog about this story (membership required)
download the paper nowvisit www.dorsum.euvisit www.worldpaymentsreport.com

Top topics

Most viewed Most shared
Coinbase raises $100mCoinbase raises $100m
10498 views comments | 14 tweets | 14 linkedin
DBS Bank launches online car selling marketplaceDBS Bank launches online car selling marke...
9900 views comments | 13 tweets | 11 linkedin
China preps central clearing house for mobile payments providersChina preps central clearing house for mob...
9848 views comments | 8 tweets | 15 linkedin
Monzo appoints Curve co-founder Foster-Carter COOMonzo appoints Curve co-founder Foster-Car...
8215 views comments | 1 tweets | 3 linkedin
hands typing furiouslyCompliance: Overcome the data deficit
7682 views 0 | 1 tweets | 8 linkedin

Featured job

Find your next job