24 Exchange Introduces FX Swaps for Institutional Traders in Collaboration With Standard Chartered

24 Exchange launched FX Non-Deliverable Swaps, promisinginstitutional traders a better way to navigate major non-deliverable currencypairs. According to the company, this expansion builds on the growing demandfor FX Non-Deliverable Forwards (NDFs) and adds to 24 Exchange's suite of liquidity access offerings. "We're excited to bring Non-Deliverable Swaps toour platform, leveraging the strong demand and engagement we've seen from ourinstitutional users in the NDF space," said 24 Exchange CEO and FounderDmitri Galinov. "This launch reflects our continued focus onbroadening access to innovative FX products through cost-efficient,technology-driven solutions that enable users to maximize liquidity efficiently." Expanding FX Offerings with Non-Deliverable Swaps The introduction of FX Non-Deliverable Swaps on 24Exchange offers an advanced trading experience, mirroring the platform'sexisting Non-Deliverable Forwards (NDFs) functionality. The product’s integration into the platform’s existinginfrastructure ensures that users can access it seamlessly through the samegraphic user interface (GUI) and API as other FX offerings. Notably, Standard Chartered Bank serves as the solecounterparty for these swaps, maintaining the reliability that financialinstitutions rely on. The addition of NDS trading complements 24 Exchange'sstrong performance in the FX space, as evidenced by a recent record-setting dayof $8.2 billion in NDF trading volume. More Institutional FX Offerings Beyond NDS, 24 Exchange also provides other FXproducts like deliverable FX Swaps, Spot trading, and NDFs, which haveattracted a growing user base since the platform's launch in 2019. Additionally, 24 Exchange is also preparing for thelaunch of its 24X National Exchange in the second half of 2025. Thisgroundbreaking exchange will be the first of its kind to offer U.S. securitiestrading for 23 hours each workday, allowing both retail and institutionalinvestors around the world to trade U.S. equities seamlessly. Last year, 24 Exchange entered the US market after obtainingapproval from the Securities and Exchange Commission to operate a securitiesexchange in the country. In a report by financemagnates.com, the approved platform wasnamed 24X National Exchange, and enables the trading of US securities for 23hours each workday, supporting extended trading hours. 24 Exchange launched FX Non-Deliverable Swaps, promisinginstitutional traders a better way to navigate major non-deliverable currencypairs. According to the company, this expansion builds on the growing demandfor FX Non-Deliverable Forwards (NDFs) and adds to 24 Exchange's suite of liquidity access offerings. "We're excited to bring Non-Deliverable Swaps toour platform, leveraging the strong demand and engagement we've seen from ourinstitutional users in the NDF space," said 24 Exchange CEO and FounderDmitri Galinov. "This launch reflects our continued focus onbroadening access to innovative FX products through cost-efficient,technology-driven solutions that enable users to maximize liquidity efficiently." Expanding FX Offerings with Non-Deliverable Swaps The introduction of FX Non-Deliverable Swaps on 24Exchange offers an advanced trading experience, mirroring the platform'sexisting Non-Deliverable Forwards (NDFs) functionality. The product’s integration into the platform’s existinginfrastructure ensures that users can access it seamlessly through the samegraphic user interface (GUI) and API as other FX offerings. Notably, Standard Chartered Bank serves as the solecounterparty for these swaps, maintaining the reliability that financialinstitutions rely on. The addition of NDS trading complements 24 Exchange'sstrong performance in the FX space, as evidenced by a recent record-setting dayof $8.2 billion in NDF trading volume. More Institutional FX Offerings Beyond NDS, 24 Exchange also provides other FXproducts like deliverable FX Swaps, Spot trading, and NDFs, which haveattracted a growing user base since the platform's launch in 2019. Additionally, 24 Exchange is also preparing for thelaunch of its 24X National Exchange in the second half of 2025. Thisgroundbreaking exchange will be the first of its kind to offer U.S. securitiestrading for 23 hours each workday, allowing both retail and institutionalinvestors around the world to trade U.S. equities seamlessly. Last year, 24 Exchange entered the US market after obtainingapproval from the Securities and Exchange Commission to operate a securitiesexchange in the country. In a report by financemagnates.com, the approved platform wasnamed 24X National Exchange, and enables the trading of US securities for 23hours each workday, supporting extended trading hours.