Successful go-live in compression of NDF's and Non-CLS currencies

PUBLISHED BY:
Bryony Scragg

DATE:
2016-08-26

On 26th August 2016 the first ever compression cycle in NDF's and non-CLS currencies was successfully completed. The scope for the run was Asian currencies, and included USD/CNH forwards as well as NDF's on USD/CNY, USD/IDR, USD/INR, USD/KRW, USD/MYR, USD/PHP and USD/TWD.

On 26th August 2016 the first ever compression cycle in NDF's and non-CLS currencies was successfully completed. The scope for the run was Asian currencies, and included USD/CNH forwards as well as NDF's on USD/CNY, USD/IDR, USD/INR, USD/KRW, USD/MYR, USD/PHP and USD/TWD.

Thank you to the banks that participated in this cycle, and we look forward to running more of these cycles in the future, across different geographical regions.