For traders, might the SCI replace standard methods of hedging against currency risks?
Yes. It’s better for many traders because the SCI is not a currency play. You could call it an anti-currency play. It plays a role similar to a money market fund for stock market traders. When they want to neutralize their exposure to equities, they move out of them. The SCI gives currency traders the opportunity, for the first time, to “move out” of currencies and be truly neutral.