BGC Group and Leading Banks Launch FMX Futures Exchange, Offering SOFR Futures Trading

BGC Group, Inc. has launched the FMX Futures Exchange in collaboration with ten leading investment banks and market-making firms. The new exchange, which is now live, offers trading of SOFR futures, the largest notional futures contract globally. Plans are in place to introduce U.S. treasury futures by Q1 2025. The FMX Futures Exchange aims to...