CME Group Latin American FX Futures Hit All-Time Volume and Open Interest Records in 2023
CHICAGO, Jan. 29, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced its Mexican peso and Brazilian real FX futures contracts reached all-time average daily volume (ADV) and open interest (OI) records in 2023.
- CHICAGO, Jan. 29, 2024 /PRNewswire/ -- CME Group, the world's leading derivatives marketplace, today announced its Mexican peso and Brazilian real FX futures contracts reached all-time average daily volume (ADV) and open interest (OI) records in 2023.
- 2023 LatAm FX futures trading highlights include:
Mexican peso futures reached a record $1.8 billion in equivalent notional value ADV. - "The continued growth of the Mexican and Brazilian economies combined with the current interest rate environment, is driving more clients to trade CME Group FX futures," said Paul Houston, Global Head of FX Products, CME Group.
- "CME Group offers its clients unique access to liquidity from local onshore market markers which are particularly valuable in futures and options for non-deliverable currencies.