--- title: EBS Conducts First African NDF On A CLOB description: Client interest in trading African currencies electronically has grown. image: https://articles.marketsmedia.com/hubfs/Imported_Blog_Media/world-edit-numbers-May-12-2022-09-08-29-41-AM.png --- ![websites-group](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/new-MMG-01.svg) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-new-marketsmedia-logo.svg)](https://www.marketsmedia.com/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-menu-traders-redlogo.svg)](https://www.tradersmagazine.com/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-menu-bestexe-logo.svg)](https://www.bestexecution.net/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-menu-fidesk-logo.svg)](https://www.fixglobal.com/) [![](https://articles.marketsmedia.com/hubfs/raw_assets/public/MarketsMedia_August2021/images/dropdown-fixglobal-new-logo.svg)](https://www.fixglobal.com/) - [*Facebook*](https://www.facebook.com/MarketsMedia/) - [*Twitter*](https://twitter.com/marketsmedia) - [*Linkedin*](https://www.linkedin.com/company/markets-media-llc) - [Newsletter](https://articles.marketsmedia.com/ebs-conducts-first-african-ndf-on-a-clob#popup-newsletter) #### Want the latest news on securities markets -- FREE? 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The USD/KES (Kenyan Shilling) 1-month NDF trade was executed on EBS Market on October 23, between Bank of America and Citi. Following growing client interest to trade African currencies electronically, EBS has also added the following 1-month NDF currency pairs to its established NDF business: USD/ NGN (Nigerian Naira), USD/ZMW (Zambian Kwacha), USD/GHS (Ghanaian Cedi). "As capital markets in Africa continue to evolve, EBS is well positioned to support the switch to a fully electronic solution, with genuine liquidity and trades executed anonymously between market participants on our CLOB platform", said Jeff Ward, Global Head of EBS. "Having successfully grown our Asian NDF franchise over the past five years, we see huge opportunity in expanding into African NDFs and will work with clients to build liquidity and add further currency pairs in the near future." Source: CME Group [Share](https://www.facebook.com/share.php?u=https://articles.marketsmedia.com/ebs-conducts-first-african-ndf-on-a-clob) [Tweet](https://twitter.com/intent/tweet?text=US+ETFs+Have+Record+Net+Inflows&url=https://articles.marketsmedia.com/ebs-conducts-first-african-ndf-on-a-clob) [Share](https://www.linkedin.com/cws/share?url=https://articles.marketsmedia.com/ebs-conducts-first-african-ndf-on-a-clob) ![email](https://articles.marketsmedia.com/hubfs/Markets%20Media/email.svg) ### NEWSLETTER SIGN UP And receive exclusive articles on securities markets ### Related articles 1. 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