CME Group's FX Spot+ platform recorded a single-day volume of over $1.4 billion traded in spot and FX futures using implied matching technology on May 12, 2025.
Within the first month of trading, FX Spot+ saw active participation from over 40 clients, including 20 banks that were new to the FX futures market.
FX Spot+ serves as an all-to-all spot FX marketplace that connects cash market participants with the liquidity of the futures market, facilitating seamless interaction between OTC spot traders and the futures market.
Industry experts and participants praised FX Spot+ for its innovation in bridging the gap between spot and futures markets, providing additional liquidity, and enhancing trading opportunities in the FX market.