SGI FX Market Access range of indices aims to replicate the performance of a strategy rolling foreign exchange forwards on currency pairs. Each index tracks a given pair and can be denominated in a third currency. The objective is to provide a simple way to access the performance of a currency vs. another one across all regions. SGI FX Markets Access indices can be used as a benchmark and as an underlying for financial instruments.
The SGI FX indices track the performance of a systematic roll of 1-month currency 1/ currency 2 forwards. The prices of the forwards are based on publicly observable mid-levels.