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Using E-quivalents Tool to Convert Spot to Future Pricing
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E-quivalents is a CME Group application utilizing real-time updates of FX futures prices and quantities, paired with user defined forward points, to calculate spot FX equivalent prices and quantities for each currency pair.

E-quivalents was designed to help market participants who are accustomed to viewing, analyzing and trading FX in spot market convention. The application displays the top five bids and offers in the book and allows market participants to see the best bid and offer in spot equivalent rates. Additionally, the application displays corresponding sizes and market depth, as well as high, low and last trade.

 

Demo: Using E-quivalents Tool for FX Conversion

Legal Disclaimer and Risk Disclosure: Futures trading is not suitable for all investors, and involves the risk of loss. Futures are a leverages investment, and because only a percentage of a contract’s value is required to trade, it is possible to lose more than the amount of money deposited for a futures position. Therefore, traders should only use funds that they can afford to lose without affecting their lifestyles. And only a portion of those funds should be devoted to any one trade because they cannot expect to profit on every trade. All orders are entirely at your risk, and it will be your responsibility to monitor these orders. There are limitations to the protection given by stop loss orders therefore we give no assurance that limit or stop loss orders will be executed, even if the limit price is met, in full or at all.
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