In addition to the 50 publicly offered memberships, seatholders in the CME,
International Monetary Market (IMM) and Index and Option Market (IOM) divisions of the Merc each received a fractional interest in a GEM membership.
A Mexican peso contract was one of the world's and the CME's first financial futures contracts, opening on the exchange's
International Monetary Market (IMM) in May 1972.
One of the favorite indicators of this consensus is the Eurodollar Futures Contract at the
International Monetary Market in Chicago.
The board of governors comprises 24 elected representatives of the three divisions of the exchange (The CME Division; The
International Monetary Market (IMM) Division and the Index and Option Market (IOM) Division), as well as eight appointed public and industry governors.
16 /PRNewswire/ -- Full memberships on the Chicago Mercantile Exchange (CME) and its
International Monetary Market (IMM) division sold at record prices Thursday, amid a torrid run of January trading volume at the world's leading institution for financial risk management.
Except for settlement in foreign currency and delivery procedures, futures contract specifications will parallel those of existing
International Monetary Market currency futures, with contract months identical to the March, June, September, December cycle.
In the
international monetary markets, the green-back posted highest rise vis a vis the yen since seven years ago; buoyed by fresh US reports indicating that up to 230,000 new jobs are available in the United States of America, while unemployment has stabilized at 5.
Roy Bichan says there is no way that the area can escape the impact of the turmoil in
international monetary markets.
In
international monetary markets the dollar has been weak compared to the Japanese yen, which helps boost domestic exports.
