International Monetary Market (IMM)
Candlefocus EditorIMM was established in 1972 as a division of the Chicago Mercantile Exchange (CME) to facilitate trading in global currencies. It is the world’s largest and most liquid market for trading foreign currencies and related instruments, such as currency futures, options, and swaps. The market also works to match buyers and sellers of all types of financial instruments, including derivative contracts, stocks, commodities, currencies, and bonds.
The key feature of IMM is its speed and safety. By using the modern electronic trading systems, traders can rapidly execute orders, enabling near real-time transactions occur throughout the world. This greatly reduces the time taken for processing orders and can provide traders with faster decision-making.
The IMM Exchange also provides a secure platform with reliable data protection mechanisms. IMM employs sophisticated surveillance and audit systems to protect against illegal activities and manipulation, offering a safe and reliable trading environment.
IMM is used by all of the world’s major financial institutions, including banks, hedge funds, and institutional investors. It provides an important source of liquidity in the global markets, as it allows participants to efficiently buy and sell large amounts of assets in real time.
IMM is an important factor in the global economy and offers an efficient way of trading foreign currencies, bonds, commodities and other instruments. Its electronic trading efficiency, cost-effectiveness and secure platform allow businesses, investors and traders to speculate on the movements of global financial markets and take advantage of fluctuating exchange rates.