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ELX undercuts CME on Eurodollar fees


ELX Futures, the fledgling US interest rate derivatives exchange, has announced the trading and clearing fees for its Eurodollar Future, set to be introduced on July 1.

They could offer market participants cheaper trading than at rival CME Group, further intensifying the competition between the two bourses.

The bank-owned exchange said combined trading and clearing fees for its most...

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