FX non-deliverable forwards
NDF Volumes
Liquidity, records, and monthly average daily volume on 24X Bermuda. Single-counted ADV from the live 24 Exchange monthly series, with record milestones called out above the trend.
July 2026 ADV
$9.5B
Record monthly average daily volume (single counted)
Single-day record
$14.7B
FX NDF trades processed on July 31, 2026
KRW daily record
$7.1B
Korean won NDF volume on the same session
YoY ADV growth
139%
July 2026 vs July 2025 monthly ADV
Monthly ADV trend
Recent months
ADV figures are single counted and shown in USD millions on the chart axis labels that convert to billions where appropriate. Highlight records reflect publicly announced milestones (including the July 2026 ADV and single-day FX NDF / KRW records).
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