eurexUS gathers 20 MMs for FX products

Discussion in 'Forex Trading' started by local_crusher, Sep 21, 2005.

  1. :eek: :eek:
    Seems they try to do something right this time.

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    Eurex, the world's largest derivatives exchange, today announced that a total of 20 market makers have signed on to provide liquidity when trading commences in foreign exchange (FX) futures on September 23, 2005, on Eurex US. An additional eight firms have agreed to act as Early Volume Adopters (EVAs), providing a consistent amount of volume each day.

    Eurex US market makers include global banks and proprietary trading firms with significant experience providing streaming two-way currency prices in foreign exchange markets.

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  2. just21

    just21

    When are they launching fx options?
     
  3. They have not announced a date yet for the FX options.
     
  4. Xenia

    Xenia

    Funny quotes with IB TWS for EurexUS ...

    EUR/USD, GBP/USD, AUD/USD, USD/CAD, USD/CHF futures.

    Only USD/JPY future looks "normal".
     
  5. xenia ... what do you think of the globex CME fx quotes then ?

    :p
     
  6. Xenia

    Xenia

    I have no problem with CME FX quotes.

    But EurexUS FX data feed looks like a "beta test".
     
  7. inet

    inet

    Really? Can you explain it in a little more detail. Thanks.
     
  8. Xenia

    Xenia

  9. Xenia

    Xenia

    USD/JPY futures via TWS ( 2:12 pm ET ) ...
     
  10. Eurex FX futures use the standard over-the-counter spot quoting conventions for each dollar pair. The CME always quotes in currency per dollar, which is sometimes backward. This is why they created e-quivalents to try to avoid some of the confusion.

    Also, apparently Reuters and CQG are not displaying Eurex FX quotes properly. Bloomberg, on the other hand, IS displaying them correctly.
     
    #10     Sep 23, 2005