360T launches streaming NDFs
Technology is designed to facilitate entry of bank algos into growing non-deliverable forwards market
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
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