360T to launch streaming NDF trading

Seeking to complement its existing fully disclosed request for stream (RFS) NDF business, 360T says it is set to launch streaming NDF pricing shortly. Driven by client demand, the offering focuses on the off-SEF segment of the market.

360T to launch streaming NDF trading
Edward Brown

Seeking to complement its existing fully disclosed request for stream (RFS) NDF business, 360T says it is set to launch streaming NDF pricing shortly. Driven by client demand, the offering focuses on the off-SEF segment of the market.

“Increased electronification and growing average daily volumes have created the necessary environment for the introduction of the automated trading of NDFs,” says Edward Brown, head of regulated trading at 360TGTX. “As market participants seek better access to NDF liquidity, banks have begun to offer NDF algo trading to their client in response. At 360T, we believe this is now the right time to launch streaming NDF prices and take the opportunity to support the firm’s bank clients in this endeavor, in addition to more broadly helping any client who is seeking better access to NDF liquidity.”