It's Settled: Central Banks Trade S&P500 Futures
By GCRU Gold News on Sunday, August 31 2014, 05:14 - Permalink
In fact, central banks are such active traders, that the CME Globex has its own "Central Bank Incentive Program", designed to "incentivize" central banks to provide market liquidity, i.e., limit orders, by paying them (!) tiny rebates on every trade. Because central banks can't just print whatever money they need, apparently they need the CME to pay them to trade.