Centrally cleared FX: More players for FXMarketSpace

But are the banks really supporting the programme?

FXMarketSpace’s chief executive, Mark Robson Robson: strong endorsement

FXMarketSpace has announced the second group of institutions that will participate in its Early Adopter Program (EAP). The Chicago Mercantile Exchange now has more than 40 participants signed up on the programme, which it claims demonstrates the widespread acceptance of its centrally cleared market concept. The players to sign up include Bear Stearns, Deutsche Bank, Calyon Financial, FCStone, Graham Capital Management, Madison Tyler Trading, Nordea, Plenum Fund, Rand Financial Services, Inc and Relativity.

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