CME fx link with Reuters goes live

21 Mar 2005

Chicago Mercantile Exchange (CME) launched its fx trading program, listing futures on the Reuters Dealing 3000 system, on 14 March (see FO Week Vol 9 No 21).

The deal allows for Reuters' interbank fx market users to trade CME's fx futures products. Reuters' fx...

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"While we support its overall direction, a number of the requirements in the review are needlessly oppressive, particularly the proposed limits on execution-only business and bilateral execution. Additionally, the swathe of costly disclosure obligations is more likely to confuse than inform customers.”

The FOA's Anthony Belchambers responds to the EC's Mifid review.