Pragma360 Platform Adds NDFs, Improving Algo Trading Capabilities

[kreslik.news]

Pragma, a provider of high performance algorithmic (algo) trading tools, has launched an algo trading capability, bolstering its existing Pragma360 platform to now include non-deliverable forwards (NDFs), an integral component in accessing emerging markets (EM), per a Pragma statement.

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Pragma360 is the group’s flagship trading platform, presently covering a wide range of asset classes, including equities, foreign exchange, and futures. The latest addition of NDFs builds on this selection of instrument offerings, part of a broader effort to improve access to EM currencies.

The development follows an uptick in the global NDF market, which ... (read more)