CME, Reuters sign first members to FX MarketSpace

24 Jul 2006

Chicago Mercantile Exchange (CME) and Reuters have announced the signing of the first group of financial institutions to their joint venture, FX MarketSpace.

The firms signed up to the exchange, scheduled for launch early next year, included...

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“One of our key predictions for 2011 was that geopolitical tensions will simmer more vigorously this year, particularly in the context of a market in which incremental non-Opec volumes are becoming more difficult to bring on stream and in which Opec spare capacity gets more noticeably stretched.”

BarCap's 2011 oil outlook looks increasingly accurate.