Premium NDF coverage
FMX NDF provides access to the electronic trading of Asian non-deliverable forwards (NDFs).
OUR competitive advantage
The FMX NDF platform gives you unbeatable access to the NDF market.
TAILORED LIQUIDITY
A bespoke buy-side and sell-side liquidity pools with real-time liquidity updates, and strict liquidity provider limits ensure only the best of the best market makers and takers are accepted. With liquidity from the BGC voice broking business via ON-BEHALF-OF (OBO) functionality.
LOW BROKERAGE FEES
FMX NDF offers one of the most competitive pricing schedules in the FX market. Our price offering includes:
- Volume-based fee structure
- No connectivity costs
- No integration or maintenance costs
MARKET-LEADING TECH
A high-performance, low-latency network reduces traditional connectivity issues at a much lower cost. Real-time connectivity with elite global banks and non-banks, handling thousands of orders a second.
FIRST-CLASS EXECUTION
A central limit order book with multiple trade options, including immediate or cancel (IOC), limit orders, iceberg orders and good to cancel (GTC). The US names (ON-SEF) using CCP can access OFF-SEF liquidity on FMX NDF.
ASIAN NDFS
Trade a range of currency pairs, including USD/INR, USD/KRW, USD/TWD, USD/IDR and USD/PHP. With competitive pricing a volume-based free structure and no connectivity costs.
Premium NDF coverage
We offer you the best competitive rates for all our products and services.