The CME has released their new offering, CME Direct. Delivered via the web, it combines OTC (broker-liquidity) with CME futures liquidity.
Fully integrated with CME ClearPort, enabling OTC (voice) trades to be submitted for clearing instantly without manual intervention by client, or broker, reducing time and errors. CME Direct is launching initially with CME Group benchmark energy futures and global OTC oil markets, with more to follow.
Michel Everaert, MD CME interview:
Coverage: CME Direct, PR release and Bloomberg
Image may be NSFW.
Clik here to view.
Image may be NSFW.Clik here to view.
