Bermuda wrote the OTC 24x Bermuda Limited product platform announced the launch of FX non -produced trading (NDS), extending the company’s FX bids on its global platform. The FX NDS product is now alive and available for trading in significant non -produced currencies, providing financial institutions with increased liquidity to cost -effective pricing levels.
The new FX NDS product reflects the functionality of the flow and work flow today for the 24 Exchange for FX Noniverable Forwards (NDFS) trading. The NDS Trading features Standard Chartered Bank as the single counterparty and is accessible through the graphical interface of the Exchange platform (GUI). It is important that the FX NDS product is available through the same API with other FX products that provide effective and easy access.
24 CEO of the exchange and founder Dmitri Galinov, he said,
“We are thrilled to bring unpaid exchanges to our platform, utilizing the intense demand and commitment we have seen from our institutional users in the field of NDF.” The start reflects our continued focus on expanding access to innovative FX products through cost -effective technologies that allow users to effectively maximize liquidity. “
This expansion comes in the heels of another day of recording of transactions specified by the 24 -billion dollars last week of total NDF transactions – highlighting the growing role of the platform in the global FX markets.
In addition to NDS, 24 Exchange also offers NDF, FX exchanges and commercial transactions to institutional users. Since its release in 2019, Exchange’s multi -asset offering through a single trading interface has allowed market participants to access increased low -cost liquidity.
The 24 Exchange is developing a 24 -time national exchange, the first stock market to obtain approval from the US Securities and Exchange Commission to provide US title trading 23 hours each business day. The 24x national exchange will allow retail and institutional customers anywhere in the world to market US shares through approved brokers. This new exchange expects to start its initial stage in the second half of 2025, with a deal from 4:00 am. By 7:00 pm Et daily.
About 24 exchange
Exchange 24 allows market participants to exchanging their reports perfectly at the lowest possible cost. The company’s mission is to allow members to start the most cost -effective transactions in a growing range of assets, 24 hours a day. The exchange reduces the cost of exchange of assets in world markets, while providing creative and unique work flows served in each category of assets.