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Record FX Link Volumes Traded on June 16
CME Group, the world's leading derivatives marketplace, today announced that FX Link volume has reached a new, single-day record of 82,900 contracts (representing over $7.2 billion in notional value) on June 16. The prior FX Link daily volume record was 77,146 contracts on March 10, 2020. "This milestone reflects growing adoption of FX Link as a tool to manage risk", said Paul Houston, Global Head of FX Products, CME Group. "As the world's first anonymous and centralized FX swaps liquidity pool, FX Link allows participants to gain access to alternative pricing of swaps relative to OTC, and benefit from the capital ... (full story)