Markets - FMX

TRACK RECORD OF TAKING MARKET SHARE FROM THE MAIN INCUMBENTS IN THE MOST IMPORTANT ASSET CLASSES

Futures

World-class marketplace for SOFR and US Treasury futures
Trades are cleared at the LCH offering integrated futures cross-margining

FMX Futures Exchange has partnered with LCH, a leading global clearing house holding the world’s largest interest rate swaps clearing pool. The exchange is now open for trading SOFR futures, the largest notional futures contract in the world, and launched 2-year and 5-year U.S. Treasury Note Futures on May 19th, 2025, with plans to expand to additional contracts in the future.

FMX offers trading in Three-Month SOFR Futures Contracts, featuring:

• SOFR spreads, butterflies, packs, and bundles
• Smaller tick sizes than competing contracts
• Cash settled product with no transaction fees until September 2025

UST Rates

Efficient trade execution in a highly transparent trading environment
Connected with 125+ Banks, Broker Dealers, Proprietary Trading Firms (PTFs), and Institutional Investors

• Tightest tick size in the U.S. Treasury market, in increments of 32nd or 16th across the curve

• State-of-the-art IT is designed to provide an ultra-fast and highly predictable user experience

• Execution via Graphical User Interface (GUI), FIX API and Binary API

• Execution is binding and fully anonymous – no last look

FX

Single point of access for ultra-low latency execution of Spot FX and NDF trading.Deep, multichannel and configurable liquidity pools

• Easily accessible liquidity for Institutional clients, provided anonymously in the CLOB or via private rooms

• Highly efficient and resilient framework for anonymous and real-time execution

• Offering liquidity in over 55 Spot pairs, Metals, Off-SEF NDFs and Full Amount Trading

• Supporting all forms of electronic connectivity including a highly customizable GUI, FIX & Binary API, and STP

• Matching Engines in NY4, LD4, and SG1 (for NDFs)

Repo

Delivering a carefully-managed, fully electronic marketplace for Repo trading

• Supporting multiple forms of electronic connectivity including a highly customizable GUI and FIX API

• Existing connectivity with most major third-party vendors for OMS/EMS & STP Integration

• Providing a true, Daily Morning Match