Summary
CHICAGO (HedgeWorld.com) - More than 20 banks, prime brokerage firms, hedge funds and proprietary trading firms have signed on as "early adopters" of FXMarketSpace, a new global centrally cleared electronic trading platform for the foreign exchange cash market that is the result of a joint venture between Reuters (the parent company of Lipper HedgeWorld) and the Chicago Mercantile Exchange.
Reuters and the CME announced they were cooperating on FXMarketSpace in May, and the platform is expected to launch in 2007. Officials at Reuters and the CME hailed the early commitments of the financial institutions as a major step toward that launch.See the full content of this document
Extract
Fxmarketspace Early Adopters Revealed
Mark Robson, chief executive-designate of FXMarketSpace, said in a statement t...
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