DeepTide TechFlow News — On March 24, according to Bloomberg, EDXM International (the international business unit of EDX Markets), backed by Citadel Securities, plans to launch perpetual futures contracts tracking the Korean won-to-US dollar exchange rate. The contracts aim to provide a lower-cost on-chain alternative to traditional non-deliverable forwards (NDFs). NDFs are typically used for exchange rate exposure trading on restricted currencies, and the Korean won-to-US dollar pair is among the most actively traded currency pairs in Asia.

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