CME Group Launches Free Education Portal for Futures Trading, FX Included

CME Group (NYSE:CME) today announced the launch of the Futures Institute, a new online platform for futures and options on: futures education, trading simulation and market research.

The Futures Institute offers a mix of live instruction, interactive training modules, market research and training. Through the interactive website, participants learn about the futures markets and are exposed to a number of trading strategies with the ability to test them out in a simulated trading environment.

The portal covers the FX market with more than 70 different currency futures and over 30 currency options contracts, providing US investors access to economies such as the Eurozone, UK, Canada, Japan and Australia. There are also currency contracts focused on China, India and Brazil for traders looking for exposure to emerging markets.

The marketing approach taken by the CME in its videos on the site seems like they are trying to target retail Forex Forex Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Foreign exchange or forex is the act of converting one nation’s currency into another nation’s currency (that possesses a different currency); for example, the converting of British Pounds into US Dollars, and vice versa. The exchange of currencies can be done over a physical counter, such as at a Bureau de Change, or over the internet via broker platforms, where currency speculation takes place, known as forex trading.The foreign exchange market, by its very nature, is the world’s largest tradi Read this Term traders with the educational material and convert them to FX futures traders with emphasis on "micro contracts" and "almost 24*6 trading."

"Our goal with the Futures Institute is to provide a centralized place for traders to enhance their skills and education on futures and options on futures," said Bryan Durkin, CME Group's chief commercial officer. "We are pleased with this additional opportunity to actively engage with current and new traders of all types, providing them with the tools and resources needed to discover opportunities and enhance their trading of futures."

Participants can also enter a "Futures Challenge" with fellow traders. The challenge provides them with the ability to trade 36 of the most liquid futures contracts across six asset classes – Equity Indexes, Energy, Metals, FX, Interest Rates and Agriculture. While competing, traders will also be exposed to training modules that cover a variety of topics including building a trade plan, Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term, and technical & fundamental market analysis.