The nascent European exchange hopes to add to its initial list of market-makers, banks and vendors
CME Europe went live on schedule late last night, marking a
crucial milestone for the Chicago exchange group as it looks to
establish its first European exchange, writes Luke
CME Europe, which was originally slated to go live last year
but was beset by regulatory delays, opened for business at 11pm
London time to coincide with the opening of the Asian trading
day and was set to close its opening session at 10pm London
time on Monday.
Trading was slow on the opening day but that was expected
because only a proportion of Europe’s top
market-makers, clearing banks and trading system vendors were
live on debut.
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