The Full FX Unfiltered – with CME Group
Posted by Colin Lambert. Last updated: November 8, 2024
Ahead of testing kicking in on one of the FX industry’s biggest launches of recent times, Paul Houston, head of FX at CME Group, joins Colin Lambert to discuss CME Spot+, the new trading platform from the exchange.
Houston explains what Spot+ is, how it works, as well as how it will fit into CME’s FX product suite. The two also discuss the new venue’s value to different market participants, as well as the crucial role of CME FX Link and the importance of having Spot+ liquidity available on the EBS screen.
There is also time to discuss the latest developments in both spot and NDFs on EBS Market, including a number of recent changes to how the platform operates, involving data, attracting more passive flow and new order types. Houston discusses how wider market evolution has influenced the changes on EBS, as well as how Spot+ market data will be available to FX market participants.