Finalto adds Latin American NDFs to its platform
Leading institutional trading services firm Finalto has announced the addition of two Latin American NDFs to its trading platform.
The company said that the addition of the NDFs is further evidence that Finalto listens to the needs of its customers and adds assets where there is demand.
CLP: Chilean Peso and COP: Colombian Peso are now live and available to trade with Finalto. The NDFs are of particular interest to traders in the region, and those looking to expand their interests in Latin American markets.
Neil Wilson, Chief Markets Analyst for Finalto, said:
“The Chilean and Colombian pesos have been fighting against a rampaging US dollar in 2022. Chile’s peso hit an all-time low this year but has recovered some ground since the country agreed a credit line with the IMF. A swift tightening of monetary policy by the Federal Reserve has also sent Colombia’s peso plunging this year.”