NDFs trading: If you build platforms, the algos will follow
The TRADE
FEBRUARY 15, 2024
Non-deliverable forwards (NDFs) have not always gone hand in hand with algorithmic trading, but in light of recent market developments, this could be about to change. The instruments have been pegged by the buy-side as the next frontier when it comes to algorithmic trading efforts in the foreign exchange (FX) markets.
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