Aien Capital founder and Managing Director Ugur Arslan says that as profit margins shrink in major currency pairs, some high-frequency traders are dabbling in emerging markets currencies. His Aien Trading plans to start trading the Turkish lira early in 2012 and said he expects lira trades to comprise 1% to 2% of the firm’s trades. Aien is also looking at other major emerging market currencies to trade, including the Mexican peso and the Brazilian real.

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