Non-Deliverable Forwards (NDFs) - EBS - Electronic Markets - Markets - ICAP.com

Non-Deliverable Forwards (NDFs)

ICAP offers Non-Deliverable Forwards (NDFs) in a range of Asian and Latin American (LatAm) currencies, as well as the Russian ruble, via the EBS system – the first platform to introduce electronically-traded NDFs and fixed date Brazilian real NDF.

In addition to accessing the market via the EBS Spot workstation or the EBS Spot Ai API, NDF traders can also access a global FX liquidity pool via EBS Global Access, ICAP’s browser-based trading application, using the internet or BT Radianz connections.

NDF currencies available on EBS:

• Asian
  
  • Chinese yuan (CNY)
  • Indian rupee (INR)
  • Indonesian rupiah (IDR)
  • Korean won (KRW)
  • Malaysian ringgit (MYR)
  • Philippine peso (PHP)
  • Taiwan dollar (TWD)
• Latin American
  
  • Argentine peso (ARS)
  • Brazilian real (BRL)
  • Chilean peso (CLP)
  • Colombian peso (COP)
  • Peruvian nuevo sol (PEN)
• Russian ruble (RUB)

Benefits of trading NDFs on EBS:

• Access to global counterparties and an orderly market
• Cross-regional trading opportunities in Asian, European and North American time zones
• Greater speed of execution and efficiency
• Increased certainty of trade
• Greater trading opportunities as the NDF market continues to expand
• Cost-effective trading solution for NDFs
• Improved risk management
• Effective straight through processing (STP) solutions

To ensure immediate response to customer queries and needs, the EBS platform is supported by dedicated customer support representatives 24 hours a day.