Perhaps this is a very basic question but I can't find a clear explanation if one is different from another. Looking through CME docs, do FX futures get quoted in basis by CME? Is that adjusted by the bid/offer size? And is there a way to convert CME future quotes into OTC quotes?

  • 1
    $\begingroup$ Looking at the quote for eurusd futures, 6EV1 is currently 1.1598 (last price). What basis quote should that be? I recommend reading introductory books like Hull who discusses futures and forwards and differences. $\endgroup$
    – AKdemy
    Oct 14 at 6:56
  • 1
    $\begingroup$ Not sure I understand the question(s). CME FX futures are basically the equivalent of forward outright quotes in the OTC market. If you want to try to convert to OTC spot, CME provides an FX Swap Rate monitor that shows the points. Does that help? Or did I complete misunderstand the question?! : ) $\endgroup$
    – user42108
    Oct 14 at 13:07

Your Answer

By clicking “Post Your Answer”, you agree to our terms of service, privacy policy and cookie policy

Browse other questions tagged or ask your own question.