Icap launches Aussie/Kiwi pair

NEWS

The AUD/NZD pair is being traded over electronic spot broking platform EBS, and comes a month after the launch of NZD/USD trading on the platform (FX Week, March 26).

Darryl Hooker, emerging markets manager at Icap e-broking said: "Liquidity in both the Kiwi and Aussie dollars against the US dollar has been building, and traders asked us to provide them as a direct tradable pair."

Both AUD and NZD are traded substantially in their home markets and the major currency markets in Asia, Europe and

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