ING launches EM-USD indices on Bloomberg

The indices are tradeable benchmarks covering 12 emerging market currencies

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Performance tracker: the four indices follow 12 emerging market currencies against the dollar

ING has launched a set of emerging market (EM) currency indices, which are available for trading via the Bloomberg terminal without any additional charge to current users.

The four indices track the performance of 12 EM currencies against the dollar on an equal-weight basis, based on Bloomberg’s foreign exchange fixing data source (BFix).

Two sets of indices are available. Those in the first set are long-only, while those in the second are long-short versions with a volatility risk filter to e