CME Gears Up For CTA/CPO Committee Meeting Average Prices, Large Lots, Position Limits Eyed
EXCHANGES
Officials at the Chicago Mercantile Exchange (CME) will likely be working overtime this month to put the finishing touches on a number of proposals aimed at making the exchange a friendlier place for institutions and Commodity Trading Advisors (CTAs) and Commodity Pool Operators (CPOs) to trade currencies. Two ideas which have piqued the exchange's interest include a large order execution facility (FX Week, March 22) and an average price execution mechanism.
The CME's CTA/CPO advisory committee
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