FX Week

CME Currency Focus Group Breaks Into Subcommittee

EXCHANGES

The Chicago Mercantile Exchange's (CME) currency focus group, which was slated to present a package of fresh ideas and proposals earlier this month, isn't finished yet, sources at the exchange confirm. But some ideas have emerged and are set to be groomed further at a subcommittee meeting this week. Among the most interesting is a proposal to trade a rolling spot contract, members in attendance say.

The focus group, which was established earlier this year to develop fresh ideas and stimulate