Market players can use NDFs to access emerging market currencies. Such strategies are growing in popularity, with a 5.3 percent growth between 2013 and 2016, according to the Bank for International Settlements’ (BIS) 2016 Triennial Central Bank Survey. NDFs accounted for over $130 billion of daily currency trading, according to the BIS.
Pragma360 allows users to use different algorithms to trade the three most traded NDFs—the Brazilian real, the Korean won, and the Indian rupee. The platform
The founder and CEO of Imperative Execution looks at how trade execution is changing and what that means for the buy side.Subscribe to Weekly Wrap emails