Reuters and CME to Create FXMarketSpace

[gc1]

Reuters and CME to Create FXMarketSpace–The World’s First Centrally-Cleared, Global FX Marketplace

http://www.cme.com/about/press/cn/06-60AnonymousProject18424.html


Bad news for the retail forex "brokers".

 

[gc1]

Maybe. And unfortunately it is not even starting until the first quarter of 2007.

I would hope that they will make the minimum transaction sizes or the contract sizes comparable to CME currency futures contracts - i.e. with the reach of retail traders.