360T launches streaming NDFs

Technology is designed to facilitate entry of bank algos into growing non-deliverable forwards market

Simon Jones at Citi
Simon Jones: “Streaming NDFs in the ECN space is a logical evolution”

Deutsche Börse-owned 360T has completed its first trade in streaming non-deliverable forwards (NDFs).

In response to market demand for an alternative hedging venue, 360T’s new service will complement its disclosed request-for-stream offering.

The streaming technology supports disclosed as well as anonymous trading and is available to firms executing off-swap execution facility (Sef). An on-Sef version is anticipated in the next quarter.

The launch comes at a time when major liquidity

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact [email protected] or view our subscription options here: http://subscriptions.fxweek.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: