NDF trading mandates must be harmonised, industry warns

FX sub-committee debates NDF issues in Washington, DC

split-road-arrows

A foreign exchange industry roundtable hosted by the Commodity Futures Trading Commission (CFTC) late last week has impressed on the US regulator that a trading mandate for non-deliverable forwards (NDFs) must be in line with other jurisdictions in order to avoid a liquidity split seen in other assets classes.

The Global Markets Advisory Committee meeting, chaired by CFTC commissioner Tim Wetjen and attended by the regulator's newly formed FX sub-committee as well as officials from the Bank of

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: