EBS set to take NDF trading online
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Standard Chartered and other banks have been talking with EBS about how to trade NDFs electronically, and the hurdles that need to be cleared. EBS declined to comment on any launch, but FX Week understands that NDFs will be traded later in the year with a pilot project to be up and running within a month.
Albert Maasland, senior business manager at Standard Chartered in London, said such a move by EBS and other platforms would make sense and aid in developing the currency market in Asia.
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