Key facts
- Asian investors are increasing their activity in listed Brazilian real futures.
- This surge in demand is linked to accessing lucrative carry trade opportunities.
- Futures exchanges CME and SGX are observing this growing demand for BRL liquidity.
- Trading venues are providing out-of-hours quotes for these markets from Hong Kong.
Futures venues such as CME and SGX are observing a significant increase in trading activity for Brazilian real (BRL) futures, driven by Asian investors. These investors are leveraging the opportunity to access one of the year's top-performing foreign exchange carry trades during their own operating hours. The demand for BRL liquidity from Asian clients has prompted these exchanges to offer out-of-hours trading, with quotes for Brazilian, Mexican, and Andean markets being provided from Hong Kong ahead of the local market open. This trend underscores a growing need for accessible and liquid emerging market currency trading options for global investors.