Eurex US takes fight to CME
NEWS
Eurex US has adopted FX to break into the continent in which it failed to make headway in treasuries (FX Week, June 20). However, Satish Nandapurkar, chief executive of Eurex US, said the FX venture would succeed because of the advantages the platform has over CME.
"Eurex is far cheaper than the CME, and offers larger contract sizes more appropriate to the customers we are targeting. CME will not be able to cut prices as the Chicago Board of Trade did [when Eurex entered this market], as it is a
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