CME launches new FX product

Discussion in 'Forex Trading' started by SethArb, Feb 28, 2003.

  1. it will compete against the NY FINEX dollar index future

    CME$INDEX™
    The CME$INDEX™ is a geometric index of seven foreign currencies that is weighted to reflect the relative competitiveness of U.S. goods in foreign markets, and will provide investors with a new instrument for currency speculation and risk management. CME$INDEX™ futures and options on futures contracts will be launched on March 3, 2003.
     
  2. Dragn

    Dragn

    Sounds like an interesting market. It's a first time I hear about the product. Is this produt traded electronic?

    Dragn