BGC (BGC.US) launches FMX futures exchange to challenge the dominant position of the Chicago Mercantile Exchange (CME.US).
The exchange was launched later on Monday, aiming to challenge cme's dominant position in the interest rates futures trading sector.
BGC's FMX Futures Exchange Launches in Direct Challenge to CME
Cantor Fitzgerald's Howard Lutnick Breaks Into Interest-rate Futures Market to Challenge Behemoth CME
Express News | The Commodity Futures Trading Commission (CFTC): As of the week ending September 17th, crude oil speculators increased their WTI net long positions by 31,338 contracts, dropping to 91,079 contracts. By the week ending September 17th, stock fund managers i
Express News | Bank of America: The Federal Reserve seems to be more inclined to moderate rather than hawkish unexpected actions.
Express News | The Federal Reserve's interest rate decision is imminent, and traders are betting on a balanced outcome.