OTC FX & FX Futures, Linked

Introducing the first spot FX basis spread, linking OTC FX & FX Futures

This white paper describes the mechanism, with three use cases, for using CME FX Link – the first ever electronic spread between OTC FX and FX Futures.

CME FX Link has been conceived to provide a central liquidity pool for managing FX swap, forward and basis risk exposures, by enabling more participants to access the capital efficiencies of futures, whilst utilising the existing OTC interbank market.