Robert Allen, President of the FMX Futures Exchange, delivered the keynote at the #FixedIncomeLeadersSummit USA 2023.
In today’s market, the dominance of a single player leaves clients without alternatives, ultimately leading to a lack of #resiliency. Resiliency lies at the core of our industry’s vulnerabilities, and addressing this issue requires bringing something new to the table.
At #FMX, we build platforms that enhance #liquidity and #efficiency across various markets such as #USTreasuries, #Repo, #FX, and #CorporateBonds. FMX is introducing the #FMXFuturesExchange. Regulators alone cannot solve the resiliency challenges in our market. We need new platforms, like FMX, and new exchanges, such as the FMX Futures Exchange, to drive solutions for our market’s vulnerabilities.
FMX is coming together with #LCH, and LCH will provide clearing services for FMX products. FMX products cleared at LCH are anticipated to deliver material cross-margin benefits. Together, we have the opportunity to improve our industry. We make our industry more resilient when organizations onboard FMX platforms and the FMX Futures Exchange.