24 Exchange has announced the launch of FX Non-Deliverable Swaps (NDS) trading, expanding the company’s range of FX offerings on its robust global platform. The new FX NDS product mirrors the streaming functionality and workflow that 24 Exchange currently provides for FX Non-Deliverable Forwards (NDFs) trading. NDS trading features Standard Chartered Bank as the single counterparty, and is accessible via the 24 Exchange platform’s user-friendly and efficient graphic user interface (GUI). Importantly, the FX NDS product is available over the same API as other FX products ensuring efficient and easy access. “We’re excited to bring Non-Deliverable Swaps to our platform, leveraging the strong demand and engagement we’ve seen from our institutional users in the NDF space,” said 24 Exchange CEO and Founder Dmitri Galinov. “This launch reflects our continued focus on broadening access to innovative FX products through cost-efficient, technology-driven solutions that enable users to efficiently maximize liquidity.”
