Get Custom Quotes, Info & More from Multiple Providers At Once.
LiquidityFinder
September 21, 2021

Finalto Launches NDFs on 4 Currency Pairs, With More to Follow

September 21, 2021 - B2B multi-asset liquidity and clearing broker Finalto, the financial division of Playtech PLC, a FTSE 250 listed company, has announced today the launch of its NDF offering, which, the company says slots seamlessly into any of their client's existing infrastructure.

This provision of NDF liquidity is currently fairly unique amongst institutional brokers / Prime of Primes and the fact that the pricing can slot into the existing infrastructure of margin trading platforms could generate a lot of interest for the firm.

NDF trades will be available in the below currencies initially with more to follow:Indian rupee Indonesian rupiah Korean wonBrazilian real Rupee, rupiah and won trading will be available 22 hours a day. Brazilian real will follow Brazilian exchange trading hours.

Today's announcement states that the company's solution is solving the complexities that trading NDFs have traditionally posed, such as: • NDF month settling time scales - retail brokers may need to pay out client PNL the next day • Having to deal with fixing dates which don’t occur in FX spot transactions • Needing to deal with the forward risk stemming from differences in the way retail systems work against NDFs

Finalto's solution now enables clients from small hedge funds to money managers and everyone in between to have fundamental exposure to NDF currency markets without concerns of fixing dates and settlement risk.

Andrew Biggs, Finalto Head of Liquidity, says, “The complexities of NDFs have caused large parts of the retail market to miss out on trading opportunities. We’ve abstracted some of those complexities to allow seamless integration into existing systems and offerings. Let us take away the hassle so you can focus on trading.”

To view the institutional liquidity and clearing services offered by Finalto, or to contact the firm about their new NDF products, please click the links below:

Require Some Guidance in Finding The Right Provider?

Let One of Our Experts Help!

Use the LiquidityFinder Match Matrix to find the right provider for your electrionic trading business!

Get Started

LiquidityFinder

LiquidityFinder was created to take the friction out of the process of sourcing Business to Business (B2B) liquidity; to become the central reference point for liquidity in OTC electronic markets, and the means to access them. Our mission is to provide streamlined modern solutions and share valuable insight and knowledge that benefit our users.

If you would like to contribute to our website or wish to contact us, please click here or you can email us directly at press@liquidityfinder.com.

Be First To Comment.
Featured News on LiquidityFinder
Latest News on LiquidityFinder

To personalize content, provide a optimal experience, tailor and measure engagement; the browsing, navigating and the continous use of this website means you agree to the Terms of Service, Privacy Policy & Security Policy of this website. Your choices on this website will be applied globally throughout the website.

LiquidityFinder & Our Partners

Your behavior, data and actions may be utilized to offer you optimal connections and services by approved and suitable providers fitting your account requirements and website actions. When contacting providers or initiating a provider request, match matrix or expert match review we may share necessary data to evaluate your compatability with our connected partners and suitable providers.