The Advantages of Trading Off Forex Market

CME futures is probably the largest centralized FX market plays out there. A lot of larger forex players look at our marketplace for liquidity. For liquidity, I mentioned trading the price when you're looking to transfer risk and being able to know you're going to get that price was very important to some large banks. We see a lot of more asset managers and buy side players actually use forex for efficient trading and hedging. So if you think about facing a clearing house is often more efficient because of netting but also that counterparty risk is important to ship managers.