FXMarketSpace is the first centrally-cleared, global foreign exchange (FX) trading platform for the over the counter (OTC) market. It was formed through a 50/50 joint venture between Reuters and the Chicago Mercantile Exchange to serve the evolving needs of the FX market.
The joint venture was announced in May of 2006. On the 26th of March, 2007 the platform announced that it was fully operational and open for trading.
Initially the platform enables trading in Spot FX across six major currencies - the Euro, Japanese Yen, British Pound, Australian Dollar, Swiss Franc, and Canadian Dollar against the US Dollar, as well as four cross-currency pairs.
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