As of February 27, participants can trade monthly FX futures on six of our most liquid currency pairs and enjoy greater granularity and access across the curve.
Our marketplace is defined by you, delivered by us. We are adding monthly expiries so you can access the capital efficiencies of futures with the flexibility you need, along with the outright and spread opportunities you want across the curve. It's what you asked for.
The capital constraints which have reduced liquidity in the cash FX market and increased the cost of trading, have resulted in our markets reaching an all-time record high in Large Open Interest Holders in December 2016 – and $240billion of open interest – as market participants are increasingly utilizing futures to reduce their balance sheet pressures.
To help market participants manage their exposure we are introducing additional FX futures maturities to meet client demand and deliver more efficient risk management.
That is why FX Monthly Futures:
Thank you. Your message has been received. Someone will contact you shortly.