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Use our evolving functionality – drill deeper into a liquidity comparison between listed and cash FX

FX Market Profile, the only tool which brings CME Group’s distinct trading modalities of listed and spot FX together in one screen, is evolving – based on market demand – with new enhancements live in Q2.

The existing functionality enabled detailed top of book liquidity analysis, providing a powerful view of our markets – including the cost efficiencies delivered by the Q4 tick cut in AUD FX futures.

Customers will be able to:

Analyze more currencies: The existing offering of 11 currency pairs is being augmented with an additional eight currency pairs, including SEK, NOK, BRL, and EUR cross-rates.

Monitor the liquidity in a cleared alternative to bilateral FX swaps:

FX Link, which provides an additional pool of firm liquidity and price discovery for FX swaps, will now be added to the FXMP tool alongside outright FX futures – enabling customers to monitor and analyze the liquidity available to them in both products side-by-side, along with OTC spot FX from EBS Market.  

Explore the depth of the order book and actual volumes being traded: Customers will now be able to determine how many levels of the order book they wish to analyze – from top of book through to 10 levels deep, so that they can explore a wider range of liquidity available to them. The tool will also now show the actual volumes being traded in FX futures in order to further enable customers to see when the market is most active and to illustrate the liquidity available to transact at size in the listed FX marketplace.

Chart historical plots: In addition to viewing the average liquidity available over a defined period, customers will now be able to chart a historical view to see how liquidity has changed and performed over defined periods.

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