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CME Confirms Forex Market Opening at 12:00 GMT

CME announced the EBS interbank forex platform will start trading at 12:00 GMT (20:00 Beijing time), highlighting its role in global currency markets.

Summary

On November 28, the Chicago Mercantile Exchange (CME) confirmed that EBS, a leading interbank forex trading platform, will open at 12:00 GMT (20:00 Beijing time). Founded in 1993 by 14 major forex banks with $50 million, EBS has become a key venue for institutional currency trading.

Terms & Concepts
  • CME (Chicago Mercantile Exchange): A major U.S.-based derivatives marketplace offering futures and options across asset classes, including foreign exchange.
  • EBS: An interbank foreign exchange trading platform founded in 1993 by major banks, providing liquidity and electronic trading services for global currencies.