Electronic trading and clearing of NDFs poised for growth in Asia


Electronic trading of non-deliverable forwards (NDFs) is likely to grow in Asia to increasingly replace voice brokering as Asian regulators pay move to align their rules governing over-the-counter derivatives with those of their US and European counterparts, market participants say.

While Asian regulators are generally still in a "fact-finding" mode regarding whether Asia jurisdictions should implement exchange-like trading venues akin to the swap execution facility (Sef), proposed under last ye

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