The new exchange has hired in Europe and filed a US application with the CFTC
The chief executive of GMEX said the new
exchange is to hire a salesperson in Europe and has applied to
start selling to US clients, underlining his plan to expand
geographically just days after launch.
launched on Friday with the backing of Bank of America Merrill
Lynch, RJ O’Brien and Societe Generale and
said on Wednesday it had completed its first trades in its
launch product – a Euro-denominated interest rate swap
constant maturity future.
Hirander Misra, the chief executive and
co-founder of GMEX Group, told FOW on Wednesday the launch had
gone well but said the exchange is already looking to boost
liquidity by selling more aggressively into regional
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