Thank forex for liquidity
Record volumes in foreign exchange markets are creating investment opportunities that don't exist in other assets.
As investors clamour for liquidity, structured products that use foreign exchange as an underlying asset are gaining in popularity. In all the other main asset classes û whether equity, credit, fund-linked or commodities û investors are facing wide spreads and extreme illiquidity for short-dated products, but not in foreign exchange.
Indeed, in the volatile period since the collapse of Lehman Brothers, foreign exchange traders have been busier than ever û so much so, in fact, that several dealers had to...
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