Futures exchange said it has regulatory and third party backing for launch
GMEX, the new futures market backed by
Eurex, said it will start trading on August 7 after securing
its long-awaited approval to launch from German regulators.
The new venture, which is backed by the
German exchange and French bank Societe Generale, said its
innovative euro-denominated interest rate swap constant
maturity future (CMF) will be available for trading and
clearing on Eurex from August 7.
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