Online FX trading provider, FXCM, and Dow Jones Indexes (DJI) are developing the Dow Jones FXCM Dollar Index. FXCM will introduce a tradable basket on the index, offering traders the opportunity to track the U.S. dollar with maximum liquidity. The basket will offer trading on low spreads, trade on margin and earn interest daily. The index will compare the U.S. dollar to the euro, pound, Australian dollar and Japanese yen.
Click here for the release from Business Wire.