Tradepoint onboards 10 streaming NDF providers for broken dates
The firm sees greater use of algos to trade NDFs in increasingly electronified market
Tradepoint Systems has completed the onboarding of 10 liquidity providers streaming executable non-deliverable forwards (NDFs) across all pairs, regardless of the underlying tenor, including those with non-standard maturities.
Tradepoint’s technology has been put in place to receive streamed broken-date NDFs from 10 banks: Bank of America, BNP Paribas, Citi, Credit Suisse, Deutsche Bank, HSBC, JP Morgan, Goldman Sachs, Morgan Stanley and UBS.
The company envisages increased use of algorithms
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