EBS Strengthens NDF Offering With TOD/TOM Fix

Moderator: moderators

rank: 10000+ posts
rank: 10000+ posts
Posts: 10533
Joined: Thu Jan 14, 2016 9:36 am
Reputation: 2
Gender: None specified

EBS Strengthens NDF Offering With TOD/TOM Fix

Postby kreslik.news » Tue Apr 19, 2016 9:07 am

EBS BrokerTec, ICAP’s electronic foreign exchange (FX) and fixed-income arm, has launched a new non-deliverable forward (NDF) instrument, tapped TOD/TOM, amidst mounting client demand, per a recent EBS report.

The new world of online trading, fintech and marketing – register now for the Finance Magnates Tel Aviv Conference, June 29th 2016.

TOD/TOM stands for EBS’ solution for trading today (TOD), coupled with tomorrow’s (TOM) fixing against the one month. The new product will be utilized via straight through processing (STP), in conjunction with other trade auditing processes. EBS has opted to trade Off-SEF instruments across Asian NDFs. By extension, ... (read more)

Please add www.kreslik.com to your ad blocker white list.
Thank you for your support.

Return to “news”