4 ms·

Wouldn't the basket of currencies just end up being traded as a single thing? Finance loves abstraction just as much as tech it seems.

• pphysch 6y ago
  Likely, but that sort of framework makes it easier to adjust the relative share of each component currency over time. If only as a separate, more popular bundle.
• nopzor 6y ago
  the basket can be adjusted, just like eg. the s&p 500 index.