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LIMASSOL, Cyprus, June 2, 2021 /PRNewswire/ Sheer Markets, a new financial institution which has recently received a regulatory license from the Cyprus Securities and Exchange Commission (CySEC), has today announced their official launch of Non-Deliverable Forwards (NDFs) and Emerging Market FX (EMFX).
Established in 2020 with a mission to introduce a new range of products in retail FX, Sheer Markets is among the first financial institutions to launch live streaming of NDFs, which until now, have been largely unavailable to online traders and investors through the MetaTrader 4 and MetaTrader 5 trading platforms.
With a 300% increase in institutional volume over the past 12 years, NDFs give retail traders and corporates the opportunity to enter an untapped market with new investment potential, allowing them to trade currencies like the Brazilian Real, Indian Rupee and Korean Won.