Barclays to launch first FX ETF

SAN FRANCISCO - Barclays Global Investors (BGI) is awaiting regulatory approval for the launch of its first currency exchange-traded fund (ETF), with plans to file for more, as the currency ETF market begins to show signs of recovery, a BGI official told FX Week.

The bank, which has more than 300 iShares ETFs, made a prospectus filing with the US Security and Exchange Commission on May 15 for the new currency ETF. Barclays currently only offers access to currencies through exchange-traded notes

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