CME and Forex

Discussion in 'Trading' started by jwecme, Jun 17, 2006.

  1. jwecme


    I read with interest the recent moves towards finalising a spot forex market traded through the globex system. Presumably this will act as a liquidity pool alongside the interbank market rather than providing direct access to it given the non uniform nature of the contracts.

    My question is how is this going to work?

    I really hope this takes off in a big way as I think a centralised liquidity pool of a decent size could become a real challenge to the retail forex brokers. I dont know much about this market at all but have been very impressed with Globex as a platform for trading and was wondering what some of the more exp forex traders views are on this matter?

    Do people think it will take off to a much greater degree than the IMM/futures?
  2. Lucrum