Inter-dealer broker Icap says that activity is picking up in its non-deliverable forwards business on its EBS platform. “We have seen a steady increase in global counterparty participation, particularly over the last few months. Over 135 banks, evenly dispersed among our three major trading centres in Asia-Pacific, London and New York, are now live to trade NDFs on the platform,” says Chris Soriano, NDFs product manager at Icap electronic broking.
He adds: “Cross-regional electronic NDF trading has continued to grow.
Access intelligence that drives action
To unlock this research, enter your email to log in or enquire about access
