The FX Report: Issue IX

In The News

FX Link: Award Winning, Again

CME FX Link was awarded Innovation of the Year at the 2019 Risk Awards, along with SOFR futures. Risk praised how the product helps clients save in the areas of “margin, capital and costs, particularly when it [comes] to trading the arbitrage between forex spot and futures markets.”

Read the Risk Article


In Our Markets

INR/USD Futures: Deeper Book, Narrower Spreads

More participants are trading INR/USD, and utilizing our margin offsets across AUD, BRL, CNH, ZAR and Gold.  

Get to Know the Product

 

NZD/USD Options: Live and Online

Now, you can trade liquid Kiwi options on the platform of your choice: CME Direct, Bloomberg, Reuters and CQG.

Get the Codes

 

It’s an EM Carry Trade: MXN and INR

Read about the strategies asset managers are using to execute the carry trade in our markets, with specific examples in MXN and INR.

Read the Whitepaper

 

It’s a Hedge: WTI and FX Futures and FX Link

Read two new case studies based on a Mexican oil exporter hedging oil price risk in our markets. See how they are using MXN/USD futures in our markets and using FX Link to trade the spread in the OTC market.

Read the Case Study

 

FX Link: Get to Know Three New Use Cases

More participants are using FX Link to manage common FX risks more efficiently. Find out how to replicate or hedge OTC FX swap exposures; manage FX hedges and spot futures basis risk; and consolidate OTC FX forward exposures to IMM FX futures.

Find Out How

 

The Numbers You Need

November 2018 YTD ADV

Futures $93.4B, +13.8% YTD YoY
Options $8.9B, -2.4% YTD YoY

Trending

 FX Link Volume Record:
18,103 on Nov 2

 INR Futures Volume Record:
12,479 on Nov 2

 CNH Futures Volume Record:
2,972 on Oct 8

FX Monthlies:
44,816 traded on Oct 11, inclusive of the quarterly-monthly spreads


Need To Know

New Tool: Analyze liquidity across time zones

Dec 14: Bank of Russia Meeting
Add to Calendar
RUB/USD

Dec 18: FOMC Meeting
Add to Calendar
EUR/USD

Dec 20: BoE Meeting
Add to Calendar
GPB/USD

Dec 20: BdM Meeting
Add to Calendar
MXN/USD

Get Ready for the 10 a.m. Cut: Our FX Options are Changing to 10 a.m. NY


Go Macro


Go Learn CME Institute

Go Further Product Pages