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FXall expands algo offering to include NDFs

Sarah Liang
Sarah Liang
FXall Product Manager, Capital Markets, LSEG

FXall, a leading independent platform for smarter FX trading and workflow solutions, expands its algo offering to include non-deliverable forward (NDF) currency pairs.

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In an increasingly fragmented and complex FX market, there is a need for a tool that allows for greater flexibility in workflow execution, as well as internal and external liquidity. Per the recent article from FXAlgoNews, buy-side demand for liquidity provider algo execution continues to increase, and our customers wish to leverage FXall’s algo workflows on new products. We have partnered with our liquidity providers to bring this additional functionality to our customers.

The benefits of the new NDF algo functionality

FXall customers can now:

  • Access 200+ proprietary algorithms from 40+ liquidity providers on FXall’s multibank electronic trading platform.
  • Seamlessly enable this feature to submit NDF algo orders to NDF-supported providers’ strategies, without additional admin approvals.
  • Gain more control over your execution of NDF algos by leveraging FXall’s existing workflow functionality (e.g., pause and resume, amend while paused, and order splitting).
  • Increase adoption of algo execution for NDFs in the buy-side community.

To learn more about FXall, click here.

NDF algorithmic orders on FXall are now live

NDF algos are overlaid on providers’ existing algo strategies, so there are no new workflows and minor changes to metadata.

The benefits of FXall’s existing algo offering

  • Route spot, forward, and NDF algorithmic orders to your choice of providers through FXall’s intuitive UI.
  • Customise parameters such as execution style, triggers, limits and time in force and save them down as templates.
  • Integrate with leading order management and treasury management systems for ease of execution.
  • Integrate with FXall’s robust and industry standard FIX (Financial Information eXchange) Trading API for simplified order management.

To find out more about NDF algos on FXall, contact us today.

To learn more about LSEG FX, please click here.


What are NDF algos ?

NDF algos are overlaid on providers' existing algo strategies, so there are no new workflows and minor changes to metadata.