e-Forex Magazine | Does e-FX still require a human touch?By Ian Daniels, Head of eFX Distribution, EMEA at Nomura The FX market has undergone profound changes in the past two decades as electronic trading has steadily broadened its reach. Beginning with the most commoditised markets – G10 spot – FX on electronic platforms has come to include a significant proportion of the forwards, swaps and, most recently, non-deliverable forwards (NDFs) and options markets. The change has been possible because of developments in new technology – it is not coincidental that the emergence of electronic FX trading took place against the backdrop of a massive growth in internet use. Now new technology, such as artificial intelligence (AI) is poised to write the next chapter in the development of the FX market. The drivers for the growth of electronic trading have not just been technological. Customer demands for lower costs, improved visibility and control, and greater trading, booking and settle..... Continue reading at: http://www.e-forex.net/articles/apr-2020-does-efx-still-require-a-human-touch.html
I need to hedge a small amount of US Dollars ($10,000 or less) held in ARS (~600,000 more or less). I can't access NDFs and there is no NDF market (basically) if I could. I don't know a reliable Forex broker who trades ARS (suggestions welcome). Open to all ideas, including continuous conversion of currency at an exchange, Argentine beef futures (is there such a thing?) or other Argentine products, Argentine ETFs on the US market, etc. Background: American based in Buenos Aires. Access to ThinkOrSwim with US address/phone/ID. Able to open us-based accounts. Cannot use the Argentine banking system without some difficulty. Access to dollar Blue through trusted contacts. If this question is not smart, please help me restructure it and I will fix it ASAP. Thanks!
Non-deliverable Forwards (NDFs) are net cash settled forwards on thinly traded or regulated currencies. The difference between the contracted NDF price and the prevailing spot price is settled at maturity, usually in USD. Unlike spot forex, there is no physical delivery involved in NDFs. For more information: FAQs; Seminar & Events; One-to-one ... MarketPulse is a forex, commodities, and global indices analysis news site providing timely and accurate information on major economic trends, technical analysis, and worldwide events that impact ... Latest forex news and scam warnings. BaFIN Warns Users of Fake and Fraudulent Emails The Forex Review August 27, 2020. Wirecard’s Insolvency Commences, as 730 Employees Lose Their Jobs The Forex Review August 26, 2020. CFTC Blacklists 20 New Unregulated Firms Understanding Non-Deliverable Forwards (NDF) A non-deliverable forward (NDF) is a two-party currency derivatives contract to exchange cash flows between the NDF and prevailing spot rates. A non-deliverable forward (NDF) is an FX exchange contract, where two parties agree to, on a date in the future, exchange currencies for the prevailing spot rate; The difference between the NDF rate and the spot rate is the amount paid to the party who paid more of its own currency; the cash payment is most often made using U.S. dollars.
Introduction to Non-Deliverable Forwards (NDFs) - YouTube
A brief explanation of what non-deliverable forwards (NDFs) are and how they differ from cash-settled contracts Basics of Currency Trading (Part 2) - Currency Futures & NDF's (Non Deliverable Forwards) - Duration: 17:08. Ambition Learning Solutions 22,351 views. 17:08. Language: English @ Mates ~ This Video would let you know about each and every aspects of Non Deliverable Forward (NDF) markets and how we can hedge our Fair value Exposures ( Balance Sheet ) in our books using NDF ... Basics of Currency Trading (Part 2) - Currency Futures & NDF's (Non Deliverable Forwards) - Duration: 17:08. Ambition Learning Solutions 22,600 views. 17:08. Phillip Futures was established in 1983 as a member of PhillipCapital Group. We are one of the founding clearing members of Singapore Exchange Derivatives Tr...