FX Markets

Citi launches advanced alpha FX indexes

The products follow the launch of the Beta1 suite of indexes by the bank in May that replicate four common strategies (FX Week, May 7). They include G10 carry, emerging markets carry and purchasing power parity strategies.

Grouped under the name Alpha, the latest indexes employ trend, carry, emerging market carry, economic factor model, long volatility and short volatility. They were launched last week in conjunction with Deutsche Börse (June 25).

Investors can buy and sell contracts and

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