CME Europe is to introduce a new incentive programme for market-makers in FX futures in a bid to boost liquidity in the contracts, a move that comes as large exchange operators in the region increase their presence in the forex markets.
The Chicago Mercantile Exchange's European trading venue will select five trading firms to be a part of the year-long scheme, which is set to launch on October 1, 2015, according to a notice published on August 14.