CME e-ratio exceeds 50%
In May, the exchange traded 2.7 million FX contracts -- 52% of which were transacted electronically. That's up from an e-ratio of 36% for the first quarter of this year (FX Week, April 28).
CME officials told FX Week that the growth in both e-trading and in FX volumes is due to two main factors. First is accessibility of the platform -- users can plug into it via hand-held devices, a web-based portal, virtual private network or front-end systems. "We are now more connectable than ever," said
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