Cash Fx & Futures Fx - which one leads which?

Discussion in 'Forex' started by hanzahar, Dec 27, 2008.

  1. I was wondering does the cash fx follow futures fx or vice verse?

    and for the price to be the same there's a blackbox arbitrage going-on?

    is that a job for market maker? I mean on CME? Im still not so sure how they derive what the price is now on futures market...:confused: