FX trading goes mainstream


As equities and fixed-income markets remain lukewarm, hedge fund and long-only managers are turning to the foreign exchange markets in their quest for better returns. The advent of electronic FX trading is key to this trend, turning what was for many an investment afterthought into a new source of alpha. Stewart Eisenhart reports

Foreign exchange (FX) trading has in the past been treated mostly as a hedging mechanism by buy-side and hedge fund firms ardently chasing returns in equities, fixed

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