Thank forex for liquidity

As investors clamour for liquidity, structured products that use foreign exchange as an underlying asset are gaining in popularity. In all the other main asset classes û whether equity, credit, fund-linked or commodities û investors are facing wide spreads and extreme illiquidity for short-dated products, but not in foreign exchange.Indeed, in the volatile period since the collapse of Lehman Brothers, foreign exchange traders have been busier than ever û so much so, in fact, that seve…