Emerging Markets Foreign Exchange Index Launches

In response to the rapid growth of investor interest in emerging markets and foreign exchange as asset classes in recent years, AIG Financial Products Corp (AIG-FP) has launched the AIG Emerging Markets Foreign Exchange Index, a new family of investable indexes.

According to a press announcement, the AIG-EMFXI provides investors with a transparent, rules-based tool for passive exposure to emerging markets foreign exchange. The AIG-EMFX Benchmark Index replicates the return of investing in an equally weighted basket of 19 emerging markets currencies against the U.S. Dollar.

The AIG-EMFXI currently comprises the following currencies: Argentine Peso, Brazilian Real, Chilean Peso, Colombian Peso, Mexican Peso, Chinese Yuan, Indian Rupee, Indonesian Rupiah, Korean Won, Philippine Peso, Taiwan Dollar, Thai Baht, Czech Koruna, Hungarian Forint, Polish Zloty, Slovak Koruna, Israel Shekel, Russian Ruble, South African Rand, and Turkish Lira.

Want the latest retirement plan adviser news and insights? Sign up for PLANADVISER newsletters.

According to AIG-FP, estimated historical returns of the Benchmark Index would have been comparable to other emerging markets asset classes, yet with lower volatility.

More information is at http://www.aigfp.com.

FOREXTrader Now Windows Compatible

GAIN Capital Group, LLC, which provides Foreign Exchange (Forex) trading and services, has come out with a trading platform compatible with Mircrosoft Windows, bringing the number of platforms to four.

According to a company press release, the FOREXTrader for Windows platform is built on Microsoft’s .NET framework and gives users a secure Internet-based trading solution.

The features of the FOREXTrader for Windows include:

Want the latest retirement plan adviser news and insights? Sign up for PLANADVISER newsletters.

  • The ability to view 25 charts simultaneously; open orders and positions are displayed directly on the charts. A new tab format makes it easy to flip between multiple charts and trade setups.
  • Access to an interface that provides access to available information and tools and supports high volume trading.
  • The ability to choose from a selection of pre-defined screen layouts or manually create and save an unlimited number of custom layouts.
  • Automated trade execution via a proprietary API for clients utilizing an algorithmic trading system or their own black box strategy.
  • Support for a variety of single and contingent orders; redesigned order entry screens facilitate faster input and edits to existing orders.
  • Integrated real-time news feed, up to the minute market commentary feeds, daily and weekly research, streaming ticker of major market indices, audible alerts, and more.
  • Client data & trading transactions are sent using SSL 128-bit encryption.
  • Designed to be easily white labeled and also supports multiple languages.

With the launch of FOREXTrader for Windows, GAIN Capital Group now offers clients a choice of four trading platforms, including FOREXTrader.java, FOREXTrader.web, a light browser-based version, and a fully functional mobile trading solution, FOREXTrader.wireless.

FOREXTraderfor Windows is available at no charge to GAIN clients and can be accessed at www.gaincapital.com, and Forex traders can register for a 30-day free trial of the trading platform by visiting www.forex.com/demo.

«