BGC Partners goes live with e-NDFs
NEW YORK - BGC Partners is building out its foreign exchange capabilities with the launch of electronic broking in non-deliverable forwards (NDF) outrights and NDF spreads in Latin American currencies over broking system BGC Trader.
The London-based broker went live with the products, covering the Argentinean, Chilean and Colombian peso, and the Peruvian soles, last week in response to client demand, said officials. NDF outrights and NDF spreads were previously only tradable via voice broking
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