Chicago Mercantile Exchange (CME) announced a flurry of foreign exchange related moves last week including a deal with Reuters to post CME fx futures products on Reuters' fx trading system, Trading 3000.
CME called the deal the "first major linkage of sell side traders in the interbank fx market to CME e-fx futures markets". In offering CME's e-fx futures on Reuters, the exchange expands its distribution of its forex products on one of the major interbank networks. Reuters, meanwhile, can now offer spot, forwards and futures to 3,500 institutions in 123 countries. The...