CME looks to local banks for FX liquidity in emerging markets

Chicago-based exchange targets China, India and LatAm growth

Craig LeVeille, CME Group

Over-the-counter markets and exchanges do not always have the easiest relationships. In FX, CME Group has often been viewed as a threat to the business of traditional dealing banks, but the market's transformation from a predominantly two-tier structure to a blurring of the lines between the buy and sell side has favoured the exchange, which serves a wide range of participants.

While banks are still accountable for more than one-third of all FX turnover in external markets, more than half is

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here:

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here: