Cboe FX: Launch Central Limit Order Book for FX Market
- Cboe FX Central, a new central limit order book, aims to bring competition and innovation to the FX “primary” markets
- Brings to market a unique market model designed to incentivize and democratize FX liquidity provision and market data
- Announced plans to launch Cboe FX Central a new central limit order book (CLOB) designed to bring competition
- Designed to be an all-to-all market in which all liquidity in the order book is firm, meaning it is instantly executable by all clients
- The new order book scheduled to launch on June 29, 2020 and will offer trading
in the most actively traded pairs in the spot FX market - Cboe FX Central builds on the traditional CLOB model, recognizing the value contributed by liquidity providers (LPs)
