When rupee fell to a record low in October 2022, the USD/INR 3-month rate on NDF was about 40 paisa higher than onshore. This fuelled more demand for dollars onshore, adding pressure on the rupee.

This has included LCH ForexClear supporting the November 2023 launch of LSEG’s NDF Matching, backed by the Monetary Authority of Singapore. This platform was the first to incorporate participants' pre ...

LONDON and NEW YORK, Nov. 4, 2019 /PRNewswire/ -- EBS, a leading provider of electronic trading platforms and technology services in foreign exch ...

Non-Convertible Currency and NDF . For offshore investors seeking to engage in trade with nations that have non-convertible currencies, they must do so through the use of a financial instrument ...

MUMBAI (Reuters) - India's central bank is easing restrictions on banks' arbitrage trades between the outright foreign exchange over-the-counter (OTC) and the non-deliverable forward (NDF) markets ...

The move will deploy Integral’s platform across Phillip Nova’s NDF and FX instruments and will incorporate the fintech’s fixed-fee subscription model across the combined offering to target growing NDF ...

Barclays today announced the launch of new non-deliverable forwards algorithms on the BARX electronic trading platform. This new global offering is a direct result of strong client demand ...

They were earlier permitted to transact in rupee NDF forex derivatives contracts with non-residents and with other eligible banks. MUMBAI (Reuters) -The Reserve Bank of India said it is proposing to ...