Non-deliverable forward
Investment managers ramp up leverage with NDFs
SEC allows funds greater leverage on NDFs
Buy side joins calls for delay to NDF Sef trading
Participants at Risk USA agree with consensus at CFTC meeting
Esma kicks off NDF-clearing consultation
NDFs in 10 currencies to be authorised for clearing in Europe
Asia most advanced in FX clearing, according to panellists
Panellists discussed alternative collateral, rating CCPs and collateral
NDF trading mandates must be harmonised, industry warns
FX sub-committee debates NDF issues in Washington, DC
CFTC announces new FX sub-committee
Eight members join the new committee at US regulator
Sefs record FX volume uptick as buy side signs on
Volumes up for options and NDFs, says FIA
NDF clearing set for more delays
Countdown to NDF clearing might not begin until September
CCPs clear less than 2% of NDF contracts
Market steers away from NDF clearing, according to official figures
Corporates worry over post-clearing NDF liquidity
Clearing may raise cost of emerging market currency hedging
NDF liquidity in doubt as clearing approaches
Central clearing has been a long time coming for the non-deliverable forwards market and participants worry its eventual arrival may damage liquidity. By Robert Mackenzie Smith
Industry to meet regulators on FX options clearing plans
CLS and CCPs continue discussions with regulators
FX industry leans on Emta for Sef benchmark solution
The Emerging Markets Trade Association is in the hot seat to provide Sef benchmark solutions for NDFs
Gain GTX gathers momentum as it awaits Sef licence
Gain Capital's institutional platform reached average daily volume of $20.4 billion in November, a year on from the appointment of Joseph Wald to run the platform
HKEx soft launches clearing for interdealer NDFs
Hong Kong Exchanges and Clearing becomes the latest entity to launch clearing services for FX non-deliverable forwards
FX market participants express concern and confusion over Sef trading
Trading on swap execution facilities in the US was introduced in a cloud of confusion and uncertainty. The market seems to have recovered from the initial shock, but there are concerns that Europe’s take on Sef trading will do longer-lasting damage. By…
Tullett Prebon retains forwards gong amid Sef chaos
The interdealer broker retains its hold on the forwards market, despite the disruption caused by the start of the Sef regime
LCH.Clearnet remains trusted provider for NDF clearing
LCH.Clearnet retains the award for best FX clearing house for the second successive year, having grown its cleared NDF volume and upgraded its risk management capabilities
GFI completes rise to first place in currency options
GFI Group rises from second place in last year's survey to win best broker for currency options
ForexClear launches client clearing for NDFs
LCH.Clearnet has launched buy-side clearing of NDFs on its ForexClear platform, a year after it gained approval from the UK Financial Services Authority
FX benchmark probes leave buy side unconcerned
Currency managers remain comfortable using FX benchmarks despite widespread investigations into the practice, with some questioning how benchmarks could be manipulated
Footnote 88 prompts BlackRock to abandon NDF platforms
Asset manager returns to phone trading for non-deliverable forwards after controversial footnote in Sef rules makes trading on Sefs an unattractive option for users
Chaotic birth of Sefs drives NDF trading off platforms
The first two weeks of Sef trading have seen some trading volume in non-deliverable forwards migrate to single-dealer platforms and voice brokers to avoid the rules
Clearing of physical FX in China and India a concern, says GFXD’s Ngai
Global FX division managing director David Ngai warns of the challenges associated with centrally clearing physically delivered FX products