Standard Chartered launches e-trading of NDFs

Standard Chartered Bank now offers electronic solutions for trading emerging market non-deliverable forwards (NDFs) via its proprietary electronic platform - Straight2Bank Web and through the multi bank platform Fxall.

First Published by e-Forex News: January, 2008

Standard Chartered Bank now offers electronic solutions for trading emerging market non-deliverable forwards (NDFs) via its proprietary electronic platform - Straight2Bank Web and through the multi bank platform Fxall. NDFs now account for a significant proportion of trading in many emerging market currencies.  This enhanced capability on the Straight2Bank portal includes: Instant response with auto pricing Automatic calculation of the fixing date for a particular settlement date Confirmation of the fixing mechanism