Sheer Markets to Launch NDF and EMFX Trading

Fazzaco learned that CySEC licensed FX broker Sheer Markets has officially launched Non-Deliverable Forwards (NDFs) and Emerging Market FX (EMFX).

With a mission to offer a new range of products that are currently unavailable to the retail online trading community, Sheer Markets is among the first financial institutions to launch live streaming of NDFs, which until now, have been largely unavailable to online traders and investors through the MT4 and MT5 trading platforms. These products have long been kept under wraps in the online trading world.

In addition to live streaming NDFs, EMFX and FX, Sheer Markets will be offering CFD trading in cryptocurrencies, equities, indices and commodities. 

This newly established financial institution also intends on extending its product offering not just to retail, but also to corporate clients, with a unique opportunity for institutions. This means that while retail traders can invest and trade directly with Sheer Markets, institutional clients can benefit from Sheer Markets’ CFD and NDF liquidity provision.

Alex Ladouceur, Co-Founder and Chairman at Sheer Markets, commented: “It is with great excitement that we take our first step in introducing the online trading community to NDFs, as this is a product with unprecedented investment potential which has long remained undeveloped and conceals unprecedented investment potential. As the economies of EMFX and NDFs develop further, demand for these types of products from existing and new FX users is set to will widen and accelerate, accompanied by an expansion in liquidity and increased turnover. Whereas so far there has been no viable streaming NDF service through many of the regular online trading platforms, now Sheer Markets will now be there to fill that gap and meet that need.”