Canada’s resource-driven economy is heavily dependent on global growth and commodity prices. CME listed FX futures offer more precise risk management of CAD/USD exposure through firm pricing, convenient monthly and quarterly futures and weekly, monthly, and quarterly options, and flexibility to trade via a central limit order book, direct with blocks, or EFRPs.
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Features and benefits
$100B in daily notional FX liquidity, 3M in OI, and tight bid/ask spreads can help lower trading costs.
Capital, credit efficiencies of futures
Free up capital via lower margin requirements, futures leverage, shorter margin period of risk, margin offsets with other FX contracts.
Mitigate counterparty risk
All trades are backed by CME Clearing to mitigated counterparty credit risk, so you can trade with confidence.
Flexible and transparent market
See the same prices, quotes, trades as everyone else in the marketplace and make trades how you need to: central limit order book, blocks or Exchange for Physicals.
Nearly 24-hour access
Act as market-moving world news and events unfold.
Easily roll OTC Positions into futures
CME FX Link connects OTC FX and FX futures with one Globex spread, so you can add efficiency and better manage FX exposures.
Explore this product in depth
CME FX Link, the only central limit order book for FX swaps, is now available with committed cross functionality, helping you achieve greater capital and credit efficiencies.
Key economic reports and factors that move markets
Commodities drive the performance of the Canadian economy, with the country’s economy moved by prices of crude oil, natural gas, gold, wheat, aluminum, and lumber.
Meets eight times a year to determine interest rates in Canada.
Meets eight times a year on U.S. monetary policy and the key interest rate. Any change will impact the global macroeconomic landscape, including relative attractiveness of other countries’ currencies.
Money flows towards those economies that offer growth opportunities, and that, ultimately, drives exchange rates.
Take self-guided courses on Canadian Dollar futures and options products.
If you're new to futures, the courses below can help you quickly understand the Canadian Dollar market and start trading.
Contact an FX expert
Connect with a member of our expert FX team for more information about our products.