Banks sign up to Bloomberg NDFs
The new feature was added at the end of June following a two week beta-test, Philip Brittan, New York-based global head of FX at Bloomberg, told FX Week. The trading technology vendor joins the ranks of others, including Reuters and spot broker EBS, that enable trading in NDFs, in response to greater demand for trading emerging market currencies.
"Many customers already use Bloomberg for NDF indicative pricing and revaluation," said Brittan. "With the continued strong interest in emerging market
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