EBS to expand EM capability
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"The truly emerging market currencies and the ones under our microscope are the Bric [Brazil, Russia, India and China] currencies, as well as the Korean won, the Thai baht and the Turkish lira," said Darryl Hooker, global emerging markets manager at EBS.
Hooker said the additions are being made in response to demand. "Traders like to know the size of the market opportunity, what price spreads they should expect and what the depth and volatility of the market are too," he said.
He said credit also
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