i wonder why has none of the major exchanges in the world have created a FX exchange?
Offering transparency, clarity, security, counter party risk management etc.
Just recently the India's Bombay Stock Exchange with local banks opened a Currency Futures exchange called United Exchange ( It has limited offerings but the idea is good)
Would it not be great for clients if CME/CBOT/NYSE/LSE/Tokyo/ ASX/ German exchanges get together and create one single marketplace
Any takers?
Offering transparency, clarity, security, counter party risk management etc.
Just recently the India's Bombay Stock Exchange with local banks opened a Currency Futures exchange called United Exchange ( It has limited offerings but the idea is good)
Would it not be great for clients if CME/CBOT/NYSE/LSE/Tokyo/ ASX/ German exchanges get together and create one single marketplace
Any takers?