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MEFF: Launches web-based FX derivatives trading platform | Fintech InShorts: Latest fintech news, analysis by experts

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MEFF: Launches web-based FX derivatives trading platform

MEFF: Launches web-based FX derivatives trading platform

  • MEFF, the Spanish Derivatives Market, has launched BME FX, a web platform aimed at banks and other financial institutions
  • BME FX consists of a technological solution that will allow banks and financial institutions to modernize their FX derivatives trading
  • Offering the possibility of deploying white-label terminals among their clients to hedge currency risk with xRolling® FX
  • BME launched xRolling® FX in 2019, an innovative futures contract on the 17 most actively traded currency pairs
  • Extended trading hours (00:00 to 23:00), distributed by members and settled and cleared in BME Clearing
  • With the launch of the BME FX platform, the BME Group continues its expansion in the FX market

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