24 Exchange’s (24X) approach to the NDF market centres on bringing institutional trading into a more connected marketplace. Its strategy combines broader access to liquidity with a focus on the cost and certainty of execution.
The clearest evidence of progress in 2025 came in the increase in trading activity. Average daily NDF volume reached $4.8 billion in the second quarter, compared with $3.1 billion a year earlier. It followed a first-quarter average of $3.9
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