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- What & How-to
IKON proudly offers Non-Deliverable Forwards (NDF) of emerging markets worldwide. Brazilian Real, Russian Ruble, Indian Rupee, and Colombian Peso are among the first offered NDF from IKON Prodigy platform.
Platforms for Trading NDF, Ikon Prodigy
By using our proprietary NDF RFQ System, clients are able to get streaming indications for the pairs and select maturity to obtain a tradeable quote.
There are no transactional commission costs other than the bid and asking price.
Instruments and Spreads
IKON Group offers liquidity in:
Indian Rupee – USD/INR 4-6 Wide
Brazilian Real – USD/BRL 25-30 Wide
Russian Ruble – USD/RUB 5-9 Wide
Malaysian Ringgit – USD/MYR 10 Wide
Colombian Peso – USD/COP 4-9 Wide
We only accept market orders over the online system for NDF.
IKON Group accepts applications both via hard copy and online application. You can find all of the account opening information under our Account Opening page. Our account opening process takes on average 2 business days, after receipt of all documents.