Emerging Markets Survey Pinpoints FX & NDFs As Dominating Trading

BROKERS

LONDON--FX and non-deliverable forwards are the two most commonly traded products in the emerging markets, according to a survey released by Prebon Yamane at Forex '98 in Geneva. The study also found that average deal sizes are getting smaller, with 77 per cent of respondents saying transactions are typically under $5 million.

The study, Prebon's second annual survey, was conducted between December 1997 and January 1998, and was compiled from telephone interviews with 180 traders at a variety of

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