SG launches first UK currency warrants

"This is a particularly interesting and relevant product in today’s political climate," said David Lake, director of UK warrants at SG in London. "Particularly when set against the background of the decisions faced by the UK surrounding its potential entry into the euro and our historic alignment with the US."

The new contracts are designed to let retail investors incorporate FX hedging and speculation strategies into their investment portfolios. SG listed 12 contracts at launch last Tuesday

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