CMC Plans US Marketing Drive Following CFTC Green Light

BROKERS

NEW YORK--Currency Management Corporation (CMC), the UK-based firm that was the first to offer real time online FX trading, is launching a major US marketing drive.

The move follows a "green light" from the Commodity Futures Trading Commission (CFTC) for the firm to execute futures and options transactions electronically on behalf of US clients.

The approval came in the form of a regulatory exemption, which was granted because CMC has already met stringent requirements laid down by the UK regu