Tera Group owns TeraExchange LLC, a Swap Execution Facility (SEF) regulated by the Commodity Futures Trading Commission and provides market participants with access to Bitcoin derivatives, interest rate swaps, credit default swaps and non-deliverable forwards
Three-month offshore non-deliverable forwards
Our clients can leverage our platforms and UK data centre to trade these exchange-listed contracts in concert with non-deliverable forwards
and cash FX offerings in our network.
In the offshore market, one-month non-deliverable forwards
The new CCP is called as Comder and is set to start clearing non-deliverable forwards
(NDFs) in the quarter fourth of 2014 and interest rate derivatives (IRD) in quarter first of 2015.
One-year non-deliverable forwards
have moved sharply higher in the past week, to 8.
We're now hedging 25 to 3o currency pairs a month, using one-month forward contracts, outright forwards for deliverable currencies and non-deliverable forwards
for untradeable currencies, and hedging exposures on an aggregated corporate basis.
In the offshore non-deliverable forwards
market, one-month contracts were being quoted at a slight discount of 52.
Markets also expect significant depreciation in coming months, with non-deliverable forwards
pricing in a roughly 5 percent fall in the pound in the next three months.
Products in the pipeline at ADS Securities include Non-Deliverable Forwards
(NDFs) and Contracts For Difference (CFDs).
The central bank of Philippines has said that it would review the structure of non-deliverable forwards
The currency's three-month non-deliverable forwards
rose to a record last week, suggesting the currency may fall more than 7 percent against the dollar.