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BGC BGC Group Inc

8.92
-0.01 (-0.11%)
18 May 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type
BGC Group Inc NASDAQ:BGC NASDAQ Common Stock
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.01 -0.11% 8.92 7.71 8.99 9.06 8.90 8.97 3,132,205 05:00:08

BGC Gets Regulatory Approval for FMX Futures Exchange

22/01/2024 10:54pm

Dow Jones News


BGC (NASDAQ:BGC)
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By Dean Seal

 

BGC said the Commodity Futures Trading Commission has given it the go-ahead to start operating its FMX Futures exchange for U.S. Treasury and Secured Overnight Financing Rate futures.

The financial services firm said Monday the Treasury and SOFR contracts are the most widely traded futures contracts in the world.secured

The approval will allow the FMX exchange to create competition across the Chicago Mercantile Exchange's U.S. interest rate complex, Chief Executive Howard Lutnick said.

 

Write to Dean Seal at dean.seal@wsj.com

 

(END) Dow Jones Newswires

January 22, 2024 17:39 ET (22:39 GMT)

Copyright (c) 2024 Dow Jones & Company, Inc.

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