Cboe Global Markets has announced that its swap execution facility, Cboe SEF, has launched trading of USD/RUB and USD/PEN non-deliverable foreign exchange forward currency pairs.
The SEF, which launched NDF trading in December 2017, now supports trading in 12 pairs with the addition of the ruble and Peruvian Sol.
“We have seen success in trading non-deliverable forwards, which launched on Cboe SEF late last year,” says Bryan Harkins, executive vice president and co-head, markets division. “As we continue to build this new market, we have received strong interest from firms across the globe, particularly buy-side firms, many of which have been interested in trading these newly-listed currency pairs. We will continue to work with our customers to expand our currency pair universe to meet their diverse needs.”