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CME, Reuters Join Forces for FX

FX TECHNOLOGIES

LONDON—The Chicago Mercantile Exchange (CME) and Reuters are joining forces to create a joint venture targeting the foreign exchange (FX) market, officials from both companies tell DWT.

The venture, FXMarketSpace, will offer a centrally cleared, global FX marketplace, which is expected to become a new vehicle for trading FX, complementing existing trading platforms, CME and Reuters officials say.

CME and Reuters are looking to bring together their experience in data dissemination, distribution

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