CME to launch Forex E-Micro futures

CHICAGO - The Chicago Mercantile Exchange's (CME) efforts to target active retail traders have already garnered interest, with three US brokers set to offer the CME miniature foreign exchange futures after launch next month.

The Chicago exchange said last Wednesday (February 18) that it will launch Forex E-Micro futures contracts, which are one-tenth the size of its largest contracts, by the end of March. The contracts are cash-settled, and margins and exchange fees scaled down proportionally

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