StanChart lists automated NDFs

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StanChart lists automated NDFs

Reflecting growing investor interest in the emerging markets, Standard Chartered has started to offer automated electronic trading of non-deliverable forwards (NDFs) on its proprietary platform Straight2Bank Web, as well as through FXall. According to the bank, the new service provides automated pricing, automatic calculation and then confirmation of fixing dates. The bank describes the move as a significant market development.

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