CME futures outage caused FX spot pricing problems – FX Markets Skip to main content End of drawer navigation content At least one non-bank was forced to pull prices, and NDFs also affected The absence of pricing information from CME’s futures contracts during the outage on November 28 caused major problems for some foreign exchange […]
In the first half of 2025, the combination of US tariff announcements and fiscal and monetary policy uncertainty led to volatility in foreign exchange markets not seen since early 2020. During this period, FX central limit order books (Clobs) proved vital to traders for managing their risk, providing market transparency, deep liquidity and execution reliability,
Goldman Sachs was the top US dealer for foreign exchange trading revenues in 2024, which more than doubled at the firm thanks to increased trading activity at the end of the year, according to regulatory filings. The investment bank generated revenues of $6.3 billion for the year, up 125% from $2.8 billion in 2023, thanks
The rationale behind the launch of FX Spot+ and what the market can expect from CME Group in the future Source link
A growing number of market-makers and traders say price discovery for several key G10 currencies has already shifted to CME’s foreign exchange futures markets and away from primary venues for certain pairs. In particular, some senior figures say futures contracts have become the primary pricing reference point for the Commonwealth currencies – Australian dollar, Canadian
The London gold market is facing a mounting structural crisis. Bullion banks that lend precious metals to producers and each other moved over 200 tonnes of gold to New York in January in response to US President Donald Trump’s tariff threats, leaving the London market desperately short of physical supplies. Dealers in London routinely borrow
