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The London Stock Exchange building (right) in Paternoster Square
London Stock Exchange Group’s FXall trader-to-client foreign exchange platform is set to allow bank client execution algorithms for non-deliverable forwards to access its liquidity, sources said. FX markets.
According to three banking sources, the platform will start supporting submissions from NDF bank execution algorithms from next month.
A spokesman for LSEG declined to comment.
Banking sources say FXall’s move to support NDF algos could provide a big boost to volumes
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