Overview
- 24X said it processed more than $14.7 billion in FX non‑deliverable forwards on its busiest trading day and reported a July average daily FX NDF volume above $9.4 billion.
- The firm also reported a separate daily record of 7.1 billion in Korean‑won NDF volume as part of the same surge in activity.
- CEO Dmitri Galinov described the platform as resilient and said rising order flow from global banks has made 24X a major liquidity source for institutional FX trading.
- The company offers deliverable swaps, non‑deliverable swaps, spot FX and metals through a single interface designed to lower trading costs and consolidate liquidity for institutional users.
- 24X highlights that its SEC‑approved national exchange operates near‑round‑the‑clock trading on weekdays but the reported volumes and claims come from a company press release and have not been independently verified.