CurveGlobal and the curious case of the lost open interest
One-third short sterling plunge in open interest on CurveGlobal may signal more capital-sensitive times
For upstart exchanges, breaking into the futures market is no easy task. Incumbent bourses have a stranglehold on trading, creating clearly defined liquidity pools and leaving newcomers to fight for scraps as they struggle to establish critical mass.
Earlier this year, recent entrant CurveGlobal seemed to be on its way to building momentum in three-month sterling Libor futures. Open interest in
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