FEX Global is in a pre-launch phase. FEX Global seeks to operate a futures exchange venue in the Asia-Pacific region which will provide an efficient and cleared market that will enable risk management and trading opportunities relevant to the global economy.
FEX Global holds an Australian Market Licence pursuant to s795B of the Australian Corporations Act (the Act) enabling it to operate a futures market for energy, commodity and environmental derivative products.
FEX Global is licensed to offer a diverse range of futures and option contracts including benchmarks in hard commodities, Asian crude and Australian natural gas and power.
FEX Global's clearinghouse, Chicago Mercantile Exchange Inc. (“CME”) currently operates under an Australian Clearing and Settlement Facility Licence pursuant to s824B of the Act which will enable it to clear transactions matched on the FEX Global Market.