ETF Securities diversifies into EM

LONDON – ETF Securities is looking to diversify its range of currency exchange-traded products to include coverage of leveraged and emerging market currencies, said a London-based company official.

This will see the number of currency-linked products offered by ETF Securities increase to 74 from the current 18. The existing products track Morgan Stanley FX Currency Indexes and consist of nine long and nine short products in nine G-10 currencies versus the dollar (FX Week, November 16, 2009).

The

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