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Five things to know about CME foreign exchange

Posted on 22 August 2013

A number of factors have united in the last 40 years to promote free trade across geographic and political boundaries, from the elimination of restrictive tariffs, capital controls and subsidization of local businesses to technological advances and advanced telecommunication systems.
As companies continue to conduct business outside of their own country they are becoming more exposed to the risk that foreign exchange rates are unpredictable and can fluctuate in adverse directions. As businesses become more exposed to changing currency rates the use of a central marketplace, like CME Group and its suite of FX futures and options, can be more helpful to managing risk. (Press Release)


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VRS - who has written 38144 posts on Opalesque Commodities Briefing.


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