The technology behind FXMarketSpace includes world class, state of the art order matching and clearing systems. All market participants are able to trade against the same set of firm, executable prices. The central counterparty clearing model provides for full anonymity, and eliminates the need for bi-lateral credit lines to support trading activities. The FXMarketSpace matching host provides increased transparency through both a 5-deep depth of book display with bid/offer quantities and detailed "time and sales" information.

FXMarketSpace supports a variety of access models, including a Reuters provided GUI available on the Reuters 3000 Xtra and Reuters Dealing 3000 platforms, as well as trading front ends available through several clearing firms, prime brokers and independent software vendors (ISVs). Firms may also connect directly to the matching engine via the CME Group iLink API, to facilitate their own automated trading systems or proprietary GUIs. FXMarketSpace incorporates FIX based messaging for order entry, and UDP multicast technology for highly efficient dissemination of market data.

Firms may utilise the existing CME Group telecommunications hubs to facilitate their connections to FXMarketSpace, providing additional efficiencies while reducing costs. Hubs are currently located in London, Amsterdam, Dublin, Paris, Milan, Gibraltar and Singapore. Customers utilising the Reuters GUI may utilise either their existing Reuters infrastructure or secure Internet connections to access the market.

The matching engine utilises advanced price banding technology to prevent orders from entering the system at unreasonable price levels. In addition, straight through processing (STP) capabilities are provided through either direct connection to CME Clearing or via the Reuters Trade Notification Service (RTNS).

Lastly, the entire platform is supported by two premier support organisations; the CME Globex® Control Centers and Reuters Central Help Desks, staffed across all time zones.