CME Launches Cross Rates To Modest Reception Customers On Sidelines, Learning Curve Cited


The Chicago Mercantile Exchange (CME) finally launched its cross rate futures, and options on futures contracts last week, but the reaction so far has been relatively chilly. Traders say that there are a number of reasons behind the slow start, top among them customers reluctance to take the plunge.

"I think most [of the customers] are laying back waiting to see [how things shape up]," says Dean Witter Reynolds Inc.'s Karin Gibbs. "Most are unwilling to be the first ones in. Nobody wants to

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: