Five ETNs on currency baskets
from the ETF Securities product offering have been tradable on Xetra since Monday.
FTSE, the global index provider, and Curex Group, a developer of intellectual property and technologies that link institutional foreign exchange with global capital markets, have gone into partnership to launch the FTSE Curex FX Index Series - a new range of independently calculated, 24/5 streaming, executable spot FX benchmark FIX for currency pairs and currency baskets
Tripoli, June 1 (ANI): Goldman Sachs had reportedly offered Libyan officials a huge chunk of the firm's shares after it lost its investments in bank trades and currency baskets
, it has emerged.
Although equation 1 should be appropriate for estimating the currency baskets
, it is also subject to possible drawbacks, which have been ignored in the previous literature.
Banks and other financial institutions do provide some private specialized currency baskets
, but these are of limited use.
The WDX Institute is also a research body and will further academic research about World Currency Baskets
and their application; in particular the idea of a World Currency Unit.
There is a large literature on the structure of the East Asian currency baskets
The UAE appealed last week for Saudi Arabia and its neighbours to swap their dollar pegs for currency baskets
In November, Suweidi had called for Gulf Arab states to sever their dollar links and start tracking currency baskets
including the euro to fight inflation.
NEW YORK -- FTSE, the award winning global index provider, and Curex Group, a leading developer of intellectual property and technologies that link institutional foreign exchange with global capital markets, today announced their worldwide partnership and the launch of the FTSE Curex FX Index Series - a new range of independently calculated, 24/5 streaming, executable spot FX benchmark FIX for currency pairs and currency baskets
The UAE called last month for all Gulf oil producers to switch from fixed exchange rates to currency baskets
But some investment banks, including Standard Chartered and Deutsche Bank, expect the UAE and Qatar will sever their dollar pegs and start tracking currency baskets
as early as this year.