LSEG to launch new NDF Matching platform in Singapore
Testing for NDF Matching is scheduled for later this year with a full production launch expected in 2023
London Stock Exchange Group is planning to launch a cleared non-deliverable forwards (NDF) matching venue in Singapore, a move that aims to expand execution choice for market participants in Asia and enable the exchange to capitalise on the region’s growing FX market share.
Dubbed NDF Matching, the new venue will operate a central limit order book (Clob), its first for the NDF market, and cover the full range of Asia-Pacific and Latin American currencies. LSEG will begin integration testing
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