FXSpotStream launches NDF and NDS trading

First Published by e-Forex News: March, 2017

Alan F. Schwarz
Alan F. Schwarz

FXSpotStream has added NonDeliverable Forwards (NDF) and Non-Deliverable Swaps (NDS) trading to its product offering. NDF/NDS trading has initially been rolled out to API users in its NYC co-location site to be followed soon after by all other locations. NDF/NDS trading will also be available via its GUI service. Alan F. Schwarz, CEO, stated: “We have added NDF and NDS to complement our existing offering of Spot, Forwards, Swaps and Spot Precious Metals. We have had a busy start to the year with ADV currently exceeding our ADV in 2016 and we again saw double digit YoY client growth in February. In the coming months we also expect to announce the addition of an LP, which will continue to enhance the liquidity we currently offer from our 12 leading global banks.”