GFI extends ForexMatch into Asian and African currencies

The interdealer broker is expanding the footprint of its forex derivatives platform by adding Asian and African currency pairs

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Interdealer broker GFI Group has added a range of African and Asian products to its ForexMatch derivatives trading platform, as it continues to expand its coverage of emerging markets. The 17 new products, which include non-deliverable forwards (NDFs) and outright forwards, cover currencies ranging from the Chinese renminbi and the Indian rupee to the Kenyan shilling and the Ghana cedi.

GFI has made a concerted push into Latin America in recent years, and last month announced it had made

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Stemming the tide of rising FX settlement risk

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