24 Exchange Sets Record Daily FX NDF Trade Volume of Over $7 Billion

24 Exchange Sets Record Daily FX NDF Trade Volume of Over $7 Billion

New record trading volume reached on April 11

24 Exchange Hits Record $7.5 Billion In Daily NDF Trading Volume - FinanceFeeds

24 Exchange reported a record daily volume of $7.5 billion in foreign exchange non-deliverable forward (NDF) trades on April 11, the platform’s highest single-day total since launch. The Bermuda-based trading venue said the milestone reflects growing institutional demand for its FX services. 24 Exchange CEO and Founder Dmitri Galinov told FinanceFeeds that “institutional traders are increasingly seeking a platform that offers both reliability an…

24 Exchange Sets Daily Record with $7.5B in FX Non-Deliverable Forward Trades

A recent spike in market activity has helped 24 Exchange cross a milestone in the currency derivatives market. On April 11, the trading venue processed $7.5 billion in non-deliverable forward (NDF) trades, marking its highest single-day volume to date. According to the company, this surge reflects growing institutional interest in alternative FX platforms, especially as global markets navigate increased volatility from macroeconomic policy shift…

24 Exchange sees record FX NDF trade volume of over $7 billion on April 11

24 Exchange, an affiliate of 24X National Exchange, also offers Swaps and Spot trading to institutional users in addition to NDFs. The post 24 Exchange sees record FX NDF trade volume of over $7 billion on April 11 appeared first on FX News Group.