24 Exchange, the multi-asset trading platform, set a record for foreign exchange non-deliverable forward trading volume on a single trading day last week, processing more than $3.1 billion for its global institutional customers, the organisation said.

Dmitri Galinov, 24 Exchange CEO and founder, said: "We are thrilled to set another daily-volume record in FX NDF trading for our clients seeking greater liquidity.

“The response from discerning institutional customers to our robust platform and unmatched customer experience has been tremendous. We remain committed to meeting the needs of our customers for multiple asset class offerings on a 24-hour basis and with the lowest possible cost."

In addition to its FX NDF platform, the company offers crypto NDFs, FX swaps and FX spot.

24 Exchange is operated by 24 Exchange Bermuda Limited, which is regulated by the Bermuda Monetary Authority for the purposes of offering digital asset derivatives, pursuant to the Digital Asset Business Act.