CME Group to add new Inter-Commodity Ratio spreads on CME Globex
Effective Sunday, September 13 (trade date Monday, September 14), additional exchange-defined Inter-Commodity Ratio spreads will be made available for trading on CME Globex.
The spreads will utilize a new strategy type (EA).
The EA spread is the simultaneous purchase/sale of an inter-commodity spread between two products, namely between Nikkei/USD (NKD) and Nikkei/Yen (NIY)) with different pre-determined leg ratios.
The Exchange currently avails inter-commodity spreads for the Contracts on CME Globex with a ratio of 1:1.
