Sheer Markets among first to launch streaming NDFs
We are extremely proud to announce the official launch of Sheer Markets, and our core offering of Non-deliverable forwards (NDFs) in addition to 1,400 tradable instruments for retail clients.
Established in 2019 with a mission to introduce a new range of products in retail FX, we are one of the first financial institutions to launch live streaming NDFs, which until now, have been unavailable to online traders and investors through the MetaTrader 5 trading platform.
With a 300% increase in institutional volume over the past 12 years, NDFs give retail and corporate traders 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. In addition to live streaming NDFs, EMFX and FX, Sheer Markets also offer trading CFD trading in cryptocurrencies, equities, indices and commodities.
As explained by Alex Ladouceur, Co-Founder and Chairman of Sheer Markets:
“It is with great excitement that we take our first step in introducing the online trading community to NDFs, as this is a product with unprecedented investment potential which has long remained undeveloped. As the economies of EMFX and NDFs develop further, demand for these types of products from existing and new FX users is set to widen and accelerate, accompanied by an expansion in liquidity and increased turnover. So far there has been no viable streaming NDF service through many of the regular online trading platforms. Sheer Markets will now be there to fill that gap and meet that need.”
We look forward to opening up a whole new world of opportunities for traders worldwide.
To join us right now, register here and start trading NDFs for the first time!