360TGTX to unveil new NDF streaming to aid bank algos

Complementary offering set to go live next quarter

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360TGTX: helping to extend digital and automated trading to markets that have lacked the capability

Deutsche Börse-owned 360TGTX plans to unveil a streaming technology in the next quarter that is designed to help facilitate the entry of bank algorithms into the growing non-deliverable forwards (NDF) market, as well as support credit intermediation.

Part of a trend of creeping electronification from spot into non-spot FX products, the move will help extend digital and automated trading to markets that have previously lacked the capability.

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