FTSE Cürex FX indexes will help transparency, participants say

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A new set of foreign exchange indexes launched jointly by FTSE Group and New York-based FX technology specialist Cürex Group has been welcomed by industry participants, who say it will help improve transparency in the FX market.

The FTSE Cürex FX index series was launched last month, and provides executable spot foreign exchange benchmarks for 192 currency pairs from multiple contributors. The index series is published in real time from the opening of Asian trading on Monday to the close in the

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