Beginning on September 21, 2025, pending the necessary regulatory approvals from the Commodity Futures Trading Commission (CFTC), an expansion of the available currency pairs will occur by introducing the US Dollar/Norwegian Krone and US Dollar/Swedish Krona Spot FX basis spreads on CME FX Link. This addition will increase the total currency pairs offered through this platform to twelve.
The full list of currency pairs now includes:
– Australian Dollar/US Dollar
– Euro/US Dollar
– British Pound/US Dollar
– New Zealand Dollar/US Dollar
– US Dollar/Offshore Chinese Renminbi
– US Dollar/Canadian Dollar
– US Dollar/Mexican Peso
– US Dollar/Japanese Yen
– US Dollar/Norwegian Krone
– US Dollar/Swedish Krona
– US Dollar/Swiss Franc
– US Dollar/South African Rand
CME FX Link stands out as a uniquely capital-efficient and cleared liquidity source for FX swaps, enhancing existing over-the-counter (OTC) workflows. Notably, it is the first platform to provide an anonymous and automated link between CME FX Futures and the OTC FX marketplace. This connection is designed to help industry participants manage their foreign exchange exposures more effectively while gaining access to the financial efficiencies offered by FX futures.
The platform operates with an easily accessible and transparent central limit order book via CME Globex, allowing for seamless trading of spreads between OTC FX Spot and CME FX futures. By enabling these functionalities, CME FX Link seeks to enhance trading efficiency and resource management within the foreign exchange market.