HSBC launches algo carry index

Vincent Craignou at HSBC
Vincent Craignou, HSBC

HSBC has launched its first algorithmic foreign exchange index, known as the global FX carry index, in response to increasing client interest in alternative products and protection from volatile market conditions.

The HSBC Global FX Carry Index was launched yesterday and considers 32 currencies, including both G-10 and emerging markets. Currency carry strategies, which have long been popular with investors, involve investing in high-yielding currencies while borrowing in low-yielding currencies

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: