Is THIS what is finally going to blow up the stock market? Financial technology is the engine of market innovation and growth. Access to this page has been michael storm forex because we believe you are using automation tools to browse the website.
Access to this page has been denied because we believe you are using automation tools to browse the website. Futures Monitor and hedge moves in the U. With continuous market access and deep liquidity, ICE USDX is the leading index futures for the U. Today, it’s the primary benchmark for the international value of the U. Our USDX complex includes futures, options on futures and mini USDX futures. The contract offers capital efficiencies through margin offsets across our wider FX portfolio. The ICE USDX is based on an index created by the U.
Federal Reserve in 1973 and is unique among currency indices in its fixed composition. The composition of the index was changed only once in January 1999 when the Euro launched, replacing a number of European currencies. The net representation of the European legacy currencies remained fixed at 57. The ICE USDX is a geometrically-averaged calculation of six currencies weighted against the U. 15 seconds using the spot prices of the index’s component currencies. The price used for the calculation of the index is the mid-point between the best bid and offer in the component currencies. The USDX reached a high of 164.