BNP Paribas launches alternative to carry-trade strategies

sp-dec08-03-gif

BNP Paribas has launched two new foreign exchange indexes, Galaxy Alpha and Galaxy Alpha Plus, aiming to offer an alternative to traditional carry-trade strategies, which have underperformed this year amid extreme volatility in forex and interest rate markets.

The indexes seek to extract outperformance between a dynamic basket, selected every month based on the currencies with the highest interest-rate differentials, and a fixed benchmark basket of traditional currency pairs. The dynamic basket s

To continue reading...

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: