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BGC Group’s FMX Futures Exchange Launches U.S. Treasury Futures
NEW YORK--(BUSINESS WIRE)-- BGC Group, Inc. (Nasdaq: BGC) and ten of the world’s leading investment banks and market-making firms today announced FMX Futures
About this update from Bgc Group, Inc.
[{"type":"text","content":" NEW YORK--(BUSINESS WIRE)--\nBGC Group, Inc. (Nasdaq: BGC) and ten of the world’s leading investment banks and market-making firms today announced FMX Futures Exchange (“the Exchange”) has launched U.S. Treasury futures contracts. The Exchange initially launched with 2-year and 5-year contracts on Sunday, May 18, 2025 at 9:00 p.m. ET, for trade date Monday, May 19, 2025.\n\nThe Exchange launched with SOFR futures in September 2024. The addition of U.S. Treasury futures on the platform adds an important capability for global institutional trading clients, which include some of the world’s leading banks, investment firms, and market participants.\n\nThe Exchange expects to provide clients with significant capital savings through its clearing partnership with LCH Limited, a fully approved CFTC Derivatives Clearing Organization and one of the largest clearinghouses for interest rate swaps in the world.\n\nFMX Futures Exchange is a part of FMX Holdings, LLC, which includes the world's fastest growing cash U.S. Treasuries marketplace and a rapidly growing spot Foreign Exchange platform.\n\nAbout BGC Group, Inc.\nBGC Group, Inc. (Nasdaq: BGC) is a leading global marketplace, data, and financial technology services company for a broad range of products, including fixed income, foreign exchange, energy, commodities, shipping, equities, and now includes the FMX Futures Exchange. BGC’s clients are many of the world’s largest banks, broker-dealers, investment banks, trading firms, hedge funds, governments, corporations, and investment firms.\n\nBGC and leading global investment banks and market making firms have partnered to create FMX, part of the BGC Group of companies, which includes a U.S. interest rate futures exchange, spot foreign exchange platform and the world’s fastest growing U.S. cash treasuries platform.\n\nFor more information about BGC, please visit www.bgcg.com.\n\nDiscussion of Forward-Looking Statements about BGC\nStatements in this document regarding BGC that are not historical facts are “forward-looking statements” that involve risks and uncertainties, which could cause actual results to differ from those contained in the forward-looking statements. These include statements about the Company’s business, results, financial position, liquidity and outlook, which may constitute forward-looking statements and are subject to...