‘Forex’ Algorithmic Trading Articles & Financial Insight
- Trading tomorrow’s majors
SUBSCRIBERS ONLYIf you want to get ahead of the FX market, trade non-convertible currencies. There is already a lot of activity in ‘tomorrow’s majors’ – the relatively obvious non-convertibles where there’s a good prospect of future convertibility – but don’t limit yourself to the high-profile ‘non-con’ pairs. Non-convertible FX is nowhere near maturity as a market, but that hasn’t stopped a critical mass of FX traders positioning themselves for a future FX market that is strikingly different from today’s. Shayla Walmsley joins the China watchers.