Currency Futures

OTC Currency Futures: CFDs on Currency Futures

The futures market is a central financial exchange where specific quantities of a commodity or financial instrument can be traded. Futures contracts are fixed and traded according to quantity, delivery time and location defined by the central financial exchange. What makes a currency futures contract different to spot currency trading is that it has a delivery time set at a specified time in the future.
 

The futures market is a central financial exchange where specific quantities of a commodity or financial instrument can be traded. Futures contracts are fixed and traded according to quantity, delivery time and location defined by the central financial exchange. What makes a currency futures contract different to spot currency trading is that it has a delivery time set at a specified time in the future.

It is important to mention that most people who trade in the futures markets are speculators who usually close their trades before the date of settlement - therefore generally currency future contracts do not last until the date of delivery.

Unlike traditional Currency Futures trading, in OTC trading on Currency Futures, or CFDs on Currency Futures, the trade is performed over the counter (OTC) similar to trading spot FX, which means the trading is done directly between the two involved parties and not via central exchange market.

Why Trade OTC Currency Futures with ICM Europe?

ICM Europe offers OTC trading on major currency pairs futures allowing you to speculate on the movement of a specific currency pair futures contract, without having to go through the central exchange market.

CFD trading on currency futures with ICM Europe is speedy and straightforward but most importantly it removes the need to trade through a futures exchange broker. It is important to remember that no physical delivery takes place during this process.
 

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