24X Expands Market Data Distribution for NDFs and FX Swaps via DIGITEC Partnership
24X, a leading platform for Non-Deliverable Forwards (NDFs) and FX Swaps, has announced an expansion of its market data distribution through a partnership with DIGITEC's D3 DataHub. This integration allows global banks and trading firms to access 24X streaming data within their existing workflows, bypassing the need for custom integrations. The move follows significant growth in NDF trading activity on the platform. The expansion comes at a time of record-breaking volume for 24X; in July, the platform achieved a monthly average daily volume (ADV) exceeding $9.4 billion and a single-day record of over $14.7 billion. By leveraging DIGITEC's network—which includes more than half of the Euromoney Top 50 FX trading firms—24X aims to deepen its market footprint alongside existing distribution through Bloomberg.
Topics: Fintech Partnership FX Trading Market Data NDF
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