Moderate Start For CME's New 'E-Mini' Forex Contracts
EXCHANGES
CHICAGO--Trading in the Chicago Mercantile Exchange's (CME) "E-Mini" FX contracts got off to a quiet start earlier this month, but officials in Chicago are expressing cautious optimism that interest in the new products will gather pace over the next few months.
The launch represents the first time that the E-mini format has been applied to non-equity products at the exchange. The CME launched its E-mini Standard & Poor's (S&P) 500 contract in September of 1997 and since then has witnessed a
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