22.11.2016 - Brexit makes British pound ETF a trading favorite despite fall near record low
An exchange-traded fund that tracks the British pound has emerged as a popular trade, with volume and inflows skyrocketing as investors play one of the most volatile segments of the global financial market. Trading on the CurrencyShares British Pound Sterling Trust ETF has soared since Britain unexpectedly voted to leave the European Union in late June, an event that hammered the country’s currency, taking it to multidecade lows. Over the month of October, nearly 3.8 million shares of the ETF changed hands, according to FactSet data...........................................Full Article: Source
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