CME's Pandit: NDFs and FX options in focus
CME Group gears up for launch of cash-settled FX options clearing in Q4 2017, following a busy first half
Ravi Pandit, executive director for foreign exchange and interest rate products in Asia at CME Group, is happily busy. The Chicago-based exchange already has a significant presence in listed foreign exchange markets, but in the last six months it has ramped up efforts to roll out FX-specific offerings.
In February, the company launched six monthly contracts for FX futures in six currencies – the Australian dollar, sterling, the Canadian dollar, euro, Japanese yen and EUR/GBP, which it
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