The New York Board of Trade has introduced futures and options on the value of the euro against a basket of five major currencies. Nybot says the new Finex Euro Index (ECX) products are intended to complement its well-established US dollar index range.
The contracts are based on the geometric average value against the euro of the US dollar, British pound, Japanese yen, Swiss franc and Swedish krona. Both futures and options trade in Nybot’s currency pits in New York and Dublin.
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