It took them a while to admit it, but the CME and Thomson Reuters have finally got around to confirming the news broken here a month ago that their 50/50 joint venture FXMarketSpace (FXMS) will close.
The companies say that all trading – which is not a lot to be honest – on the platform will be suspended at the close of business on October 17, 2008. During the coming months, CME and Thomson Reuters will work closely with FXMS to ensure an orderly wind down of existing business operations.
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