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IKON Group offers the specially developed NFX Platform, empowering traders and investors the access to the NASDAQ Futures Exchange. This platform is particularly developed for live NFX market prices and orders placement on World Currency Products (WCF), an excellent choice to include in investor’s hedging portfolio.
IKON Group is proud to announce NASDAQ has partnered with IKON GM to offer NASDAQ Futures Exchange (NFX) World Currencies Futures. In 2009 IKON became the first futures broker to offer Client access to NFX's World Currency Futures Products (WCF).
As a result of this partnership, customers will be able to utilize the IKON trading application to see live NFX market prices and enter buy/sell orders.
NFX offers trading on seven currencies, all of which are retail-sized (approximate notional value is $10,000) and are cash settled in U.S. dollars. WCFs are an exact hedge for World Currency Options (securities options) which trade on NASDAQ OMX /PHLX.