Edgewater Markets Allows European Clients to Access Latin American FX NDFs
- Edgewater Markets has recently expanded its influence in Latin America, launching a new office in Santiago.
Edgewater Markets, the NFA-registered non-bank FX Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term provider, has expanded the reach of its dedicated Latin American currency and NDF trading platform, LatamFX.Pro. The move also reflects Edewater’s enhancement of its LATAM distribution network to an expanding global client base.
The NY-based based company now allows European clients to leverage its foreign exchange offering that covers a wide range of Latin American non-deliverable currencies. The development gives Edewater’s FX community in other regions more access to emerging markets, while bringing greater efficiency and reduced operational complexity.
The electronic FX liquidity and distribution specialist says that the step helps meet the needs of its corporate and institutional clients, including local banks, pension funds, hedge funds, brokers and end users, for hedging and execution of real Latin American FX and non-deliverable forwards business.
In addition, users benefit from improved counterparty Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term and increased capital efficiency, with liquidity and access restricted to end users, which increases reliability.
Expanding influence in Latin America
NDFs comprise a small portion of overall FX turnover but the product has experienced impressive growth in recent years as it provides a way to trade spot FX in restricted markets where currencies are not deliverable. NDFs are distinct from other currency products because they do not have central exchange or delivery. Rather, the trades are cash settled based on the difference between the exchange rate at the time of the trade and the exchange rate at maturity.
Edgewater Markets recently expanded its influence in Latin America, launching a new office in Santiago, Chile, to provide bespoke trading services and improve access to liquidity and credit.
Commenting on the news, Robert Sanchez, Head of Mexico, said: "Our Latin America franchise first developed the product to use locally, and due to its success in that region and the U.S., word has spread to our European clients and users with high demand for currencies like the Mexican Peso and LATAM NDFs. As a result, we decided to make the Latami-A.Pro platform accessible to other regions. and depth available to customers giving our liquidity providers a more unique pool of both firm liquidity and truly unique regional market making rates."
Edgewater Markets, the NFA-registered non-bank FX Liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term provider, has expanded the reach of its dedicated Latin American currency and NDF trading platform, LatamFX.Pro. The move also reflects Edewater’s enhancement of its LATAM distribution network to an expanding global client base.
The NY-based based company now allows European clients to leverage its foreign exchange offering that covers a wide range of Latin American non-deliverable currencies. The development gives Edewater’s FX community in other regions more access to emerging markets, while bringing greater efficiency and reduced operational complexity.
The electronic FX liquidity and distribution specialist says that the step helps meet the needs of its corporate and institutional clients, including local banks, pension funds, hedge funds, brokers and end users, for hedging and execution of real Latin American FX and non-deliverable forwards business.
In addition, users benefit from improved counterparty Risk Management Risk Management One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, One of the most common terms utilized by brokers, risk management refers to the practice of identifying potential risks in advance. Most commonly, this also involves the analysis of risk and the undertaking of precautionary steps to both mitigate and prevent for such risk.Such efforts are essential for brokers and venues in the finance industry, given the potential for fallout in the face of unforeseen events or crises. Given a more tightly regulated environment across nearly every asset class, Read this Term and increased capital efficiency, with liquidity and access restricted to end users, which increases reliability.
Expanding influence in Latin America
NDFs comprise a small portion of overall FX turnover but the product has experienced impressive growth in recent years as it provides a way to trade spot FX in restricted markets where currencies are not deliverable. NDFs are distinct from other currency products because they do not have central exchange or delivery. Rather, the trades are cash settled based on the difference between the exchange rate at the time of the trade and the exchange rate at maturity.
Edgewater Markets recently expanded its influence in Latin America, launching a new office in Santiago, Chile, to provide bespoke trading services and improve access to liquidity and credit.
Commenting on the news, Robert Sanchez, Head of Mexico, said: "Our Latin America franchise first developed the product to use locally, and due to its success in that region and the U.S., word has spread to our European clients and users with high demand for currencies like the Mexican Peso and LATAM NDFs. As a result, we decided to make the Latami-A.Pro platform accessible to other regions. and depth available to customers giving our liquidity providers a more unique pool of both firm liquidity and truly unique regional market making rates."