Non-Deliverable Forward (NDF) CFDs

Finalto takes the complexity out of Non-Deliverable Forwards with a revolutionary NDF offer that does away with the product’s associated issues, providing a streamlined forex solution that can slot smoothly into any existing infrastructure.

Removes common problems

 

  • NDF month settling time scales – retail brokers may need to pay out client PNL the next day
  • Having to deal with fixing dates which don’t occur in spots
  • Needing to deal with the forward risk stemming from differences in the way retail systems work against NDFs

Seamless integration

Finalto’s new offering is designed to slot seamlessly into the client’s existing infrastructure, putting NDFs into the client’s hands without their commonly associated headaches. Now, clients from small hedge funds to money managers and everyone in between can get fundamental exposure to FX markets without worrying about fixing dates and settlement risk.

NDF trades will be available in the below currencies:

  • Indian rupee
  • Indonesian rupiah
  • Korean won
  • Brazilian real

Rupee, rupiah and won trading will be available 22 hours a day. Brazilian real will follow Brazilian exchange trading hours.

Andrew Biggs, Finalto Head of Liquidity, says, “The complexities of NDFs have caused large parts of the retail market to miss out on trading opportunities. We’ve abstracted some of those complexities to allow seamless integration into existing systems and offerings. Let us take away the hassle so you can focus on trading.”

SymbolCurrencyDecimalsFullPipSwapContract factorMin order sizeValue Date Convention
USDKRWKRW2241100030
USDINRINR3251100030
USDIDRIDR1031100030
USDBRLBRL5471100030

Contact Us

If you would like a member of the Finalto team to get in touch to discuss our extensive metals offering or any of our other instruments, please fill out the form and a member of our sales team will be in touch within 24hrs.

Risk Warning: Trading Foreign Exchange (Forex) and Contracts for Difference (CFDs) is highly speculative, carries a high level of risk and is not appropriate for every investor. Any information provided shall not be considered as investment advice, and has been prepared without taking your individual objectives, financial situation or needs into account. By trading, you may sustain a loss of some or all of your invested capital, therefore, you should not speculate with capital that you cannot afford to lose. You should be aware of all the risks associated with trading on margin.

Our offering includes products that are traded on margin and carry a high degree of risk to your capital. It is possible to incur losses that exceed your initial investment. You should ensure you fully understand the risks involved and seek independent advice if necessary.

Finalto Financial Services Limited is regulated in the UK by the Financial Conduct Authority (reg. no. 481853).

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