SurfacExchange to move into emerging market currencies

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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 Evgeni M

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