CME signs SuperDerivatives deal

The deal, which starts this week, will enable SuperDerivatives to display real-time accurate market prices on its SD-FX platform for CME’s European- style options on currency futures. SuperDerivatives users will be able to see the equivalent over-the-counter prices for CME’s FX option contracts.

The FX options market is heavily concentrated in the OTC market, according to David Gershon, chief executive of SuperDerivatives. "Around 90% of the banks active in FX options use SD-FX. The venture

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