SurfacExchange to move into emerging market currencies

globe-flags

Foreign exchange derivatives trading platform SurfacExchange, which launched in August 2011, is to move into emerging market currencies as it seeks to tackle falling demand for Group of 10 (G-10) currencies in the current trading environment, which has become dominated by central bank intervention. SurfacExchange will add options, non-deliverable forwards (NDFs) and non-deliverable options (NDOs) denominated in the Brazilian real and the Mexican peso from the start of 2013, according to Evgen