What is CME FX?

CME is the world's premiere provider of foreign exchange (FX) futures and options on futures products and the largest regulated market for FX trading. The CME FX market serves as an effective and efficient means of risk transfer for the global FX market, bringing together a broad array of client segments by offering investment as well as risk management opportunities. CME's customers benefit from dealing anonymously in a fully transparent market, where large and small customers have equal access to the same prices and same deep pool of liquidity. CME's customers also benefit from the central clearing mechanism that eliminates counterparty risk.

CME FX products provide the tools and resources to hedge foreign currency risk, facilitating cross-border trade and commerce while mitigating the risks to profitability due to fluctuations in the FX market. The CME FX market attracts both buy- and sell-side investors, including commercial and investment banks, hedge funds, commodity trading advisors, proprietary trading firms, currency overlay managers and individual investors.

Today, CME offers 41 individual FX futures and 31 options products, covering major currency pairs as well as an array of emerging market currencies, with a daily notional trading value surpassing $60 billion. Over 90 percent of CME FX products are traded electronically on the CME Globex platform, ensuring that business is transacted quickly and safely with maximum operational efficiency.