Merc introduced 'Softs Participation Unit' in March with new cocoa contracts
Global derivatives marketplace CME Group,
has committed a number of new incentive schemes, this time on
CME Europe for FX products, including futures, following the
successful introduction of its innovative 'Softs Participation
Unit’ to support its new Euro cocoa contract
earlier this year.
The Chicago-based futures market has
outlined plans to introduce a raft of programmes, including a
new incentive scheme aimed at market makers in foreign exchange
futures, to "ensure continuous development of liquidity in the
FX futures contracts."
CME Europe plans to launch on October 1 a
new year-long scheme for FX market makers and has invited firms
to apply for the scheme by August 28.
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