Playtech’s Finalto Rolls out NDFs Offering On 4 Currencies

Playtech PLC’s financial division Finalto, formerly known as TradeTech Group, has launched NDFs(Non-Deliverable Forwards) offering that can slot seamlessly into any of their client's existing infrastructure.

As detailed in the official announcement, clients from small hedge funds to money managers and everyone in between can now get fundamental exposure to FX markets without worrying about fixing dates and settlement risk.

Indian rupee, Indonesian rupiah, Korean won, and Brazilian real will be available in NDF trades. Rupee, rupiah and won trading will be available 22 hours a day. Brazilian real will follow Brazilian exchange trading hours.

“The complexities of NDFs have caused large parts of the retail market to miss out on trading opportunities. We’ve abstracted some of those complexities to allow seamless integration into existing systems and offerings. Let us take away the hassle so you can focus on trading,” commented Andrew Biggs, Head of Liquidity at Finalto.

As Fazzaco reported earlier,  Finalto has announced the relaunch of its offering as a full turnkey and modular solution​. Currently, Finalto is delivering the end-to-end broker solution - Finalto360, which provides a wealth of instruments including CRMs, marketing, compliance and reporting, and interconnects all Finalto’s tools.