Sef-traded NDFs grow, but less than 20% of overall flows

NDFs traded on-Sef rose 20% in March – FIA

Trading stock data

Non-deliverable forward (NDF) volumes on swap execution facilities (Sefs) hit record highs in March, but still represent only a fraction of overall global turnover in these contracts as the regulatory process remains beset with delays.

In March, on average, $21 billion of NDFs was traded on-Sef daily, the majority taking place on interdealer-broker operated venues, which continue to dominate the space. Dealer-to-client venues, such as Bloomberg, Thomson Reuters and 360T, currently account for

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact [email protected] to find out more.

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: