CME Group Launches Wednesday Weekly FX Options

“Our clients want to further refine their exposure to mid-week announcements from the Federal Reserve, Bank of Canada and Reserve Bank of Australia’s meetings before the end of this year,” said Paul Houston, Global Head of FX at CME Group. “More broadly, as event-related trading activity continues to grow, they are looking for the additional granularity of these short-dated FX weekly options, as well as the ability to leverage capital efficiencies and spreading opportunities available in our markets.” CME Group has successfully launched Wednesday Weekly options in other asset classes as well. For example, after launching in June 2017, Wednesday Weekly Treasury options have traded more than 1.1 million contracts. Amid ongoing geopolitical uncertainty, market participants continue to turn to CME Group’s diverse product suite to manage risk. Source / More: CME Group oilandgasOil and Gas News Undiluted !!! “The squeaky wheel gets the oil” Follow us: @OilAndGasPress on Twitter | OilAndGasPress on Facebook ]]>

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