Blocks and exchange for related position (EFRP) transactions traded an unprecedented 274,000 contracts on March 8, 23% more than the December 2022 record.
Paul Houston, Global Head FX Products at CME Group, stated:

Paul Houston
Source: LinkedIn
We are delighted to see our FX futures- and options-products showing strong momentum as clients turn to our deep liquidity for currency management in times of market uncertainty. We are proud to offer clients flexibility through both our centrally-liquid, high liquidity order book and disclosed, OTC-style block trading.
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