Saxo Bank adds ruble pairs to options platform
Saxo Bank is to add USD/RUB and EUR/RUB to its over-the-counter foreign exchange options platform as it answers increasing client demand to combine spot and options in the Russian ruble from a single account.
"We saw record volume during July for USD/RUB spot. Volumes in USD/RUB have overtaken USD/TRY, which was a very popular emerging markets currency pair. Introducing these two pairs as options gives clients much more flexibility with their hedging strategies, and still allows them the
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