iBoxxFX launches new family of currency indices

International Index Company Limited (IIC), the leading independent provider of bond and credit derivative indices, has announced the launch of a new family of currency indices, the iBoxxFX trade-weighted FX indices. The indices provide a new set of superior benchmarks in FX. They were developed by IIC in conjunction with leading investment banks and are constructed in line with IIC’s established philosophy: fully rules-based, transparent, objective and accessible to all.David Mark, Chief Executive of IIC, said, “In addition to trading bi-lateral currency pairs, as FX market participants have always done, customers can now trade single currencies or specific macro-economic blocks. This will facilitate the development of structured products based on the indices in this increasingly important asset class.”...continued

Exclusive Content

The full article is only available to current subscribers. Click here to sign in or subscribe by clicking here