The Full FX Unfiltered – with CME Group
Posted by Colin Lambert. Last updated: January 21, 2024
Late last year, CME Group unveiled plans for a new spot FX marketplace, FX Spot+, prompting Colin Lambert to chat to Paul Houston, global head of FX at CME Group, about the aspirations and targets for the new platform.
Houston explains how FX Spot+ will work to link the OTC and FX futures markets, as well as the role of FX Link in the new service. He further discusses the reasons for launching the new platform, especially around emerging markets and the ability to access a broader market participant base.
The two also discuss the relatively recent changes to the structure of CME Group’s FX business, with Houston explaining how the single unit will look and operate. There is also time to ask about the changes to EBS Market, including how it delivers market data, as CME looks forward to 2024.