U.S. Futures Exchange
Chicago, United States
Abbreviation
USFE
Location
Chicago, United States
Region
Americas
Product Types
Energy
About U.S. Futures Exchange
The U.S. Futures Exchange (USFE) was a Chicago-based electronic futures exchange founded in 2004 by a consortium including Goldman Sachs, Man Financial, and others, with the goal of introducing competition into the US Treasury and energy futures markets dominated by the CME and CBOT. Despite significant backing and low-cost trading incentives, USFE failed to attract sufficient liquidity from established market participants and closed operations in December 2007 after roughly three years of trading.
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