ING Teams Up with Bloomberg to Launch New Emerging Markets FX Indices

[kreslik.news]

Dutch banking giant ING has teamed up with Bloomberg to jointly unveil a new global emerging markets offering. The group will be launching a new series of proprietary global emerging markets indices, offering improved access to emerging markets currencies.

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The product launch comes amidst a global increase in demand for emerging markets (EM) trading, which has seen a steady rise in 2017. While seen as a laggard last year, many EM stock indices have reversed course in 2017, with many exchanges and currencies netting recent highs. Additionally, the erosion of the USD has ... (read more)