From CME Group:

CME Group integrates FX businesses to focus on transparency, liquidity, and trusted access, with changes to EBS market including faster market data, minimum quote life, new order types, and tighter price increments in certain pairs. Consolidation of NDF market and an integrated business model will boost efficiency and provide complementary trading opportunities in the FX marketplace.

In 2024, CME Group plans to launch CME FX Spot+, a firm, anonymous central limit order book initially offering G7 currency pairs. It will enable futures liquidity in spot form and vice-versa through FX Link technology. Connectivity and access for order entry and market data will be available, along with a central prime broker for pre- and post-trade anonymity.



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