Blocks and exchange for related position (EFRP) transactions traded an unprecedented 274,000 contracts on March 8, 23% more than the December 2022 record.
Paul Houston, Global Chief of FX Products, CME group, said:
We are delighted to see strong momentum in FX futures, options products. Clients turn to our deep liquidity for currency management amid market uncertainty. We are proud to offer clients flexibility through both our centrally-liquid, high liquidity order book and disclosed, OTC-style block trading.
LeapRate first published the post CME Group reports FX Futures and Options Reach New Single-Day Volume Record
