Nasdaq Enters Currency Dog Fight in Europe Clearing Non-Deliverable Forwards – NASDAQ
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Nasdaq Enters Currency Dog Fight in Europe Clearing Non-Deliverable Forwards
NASDAQ Nasdaq OMX ( NDAQ ) is planning to start clearing non-deliverable forward (NDF) currency trades in Europe. NDFs facilitate trading in currencies such as the Chinese yuan and Indian rupee that are not free to trade. NDFs are classified as swap trades … |
