Thomson Reuters Sef to offer NDF clearing
Clients trading on the FXall platform gain new option
With the completion of conformance testing for non-deliverable forwards (NDF) on LCH.Clearnet's ForexClear platform, Thomson Reuters can now offer its clients the option of centrally clearing their NDF trades through its dealer-to-client swap execution facility (Sef) on the broker's FXall platform.
"We've built the Sef inside the FXall technology platform, which already has a good customer base consisting of corporates, asset managers, hedge funds and traditional liquidity providers to banks,"
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