24X Achieves Historic $12.2 Billion Daily FX NDF Trading Record

24X Breaks New Ground in FX NDF Trading

In a remarkable advancement for the foreign exchange market, 24X Bermuda Limited has recently shattered its previous records by achieving a new high of over $12.2 billion in FX Non-Deliverable Forward (NDF) trading volume in a single day. This milestone was recorded on May 6th, 2026, reflecting the growing trust and dependency of global institutional users on the 24X platform.

The Vision Behind the Achievement

Dmitri Galinov, the CEO and founder of 24X, emphasized that this record is not just a number, but a testament to the resilience and scalable architecture embedded in the 24X trading platform. He remarked, "Setting these increasing NDF daily trading volume records — first in March and again in May — underscores the response to global market conditions by our institutional users. Our platform is designed to handle surging order flow without missing a beat."

The rapid increase in FX trading volume isn't merely coincidental; it highlights how 24X has become a vital liquidity source for significant global banks engaged in FX NDF trading. Galinov further stated, "These volume records illustrate the network effect that allows us to raise expectations of the world's biggest financial institutions for a continuous trading venue."

Comprehensive Trading Options

In addition to NDFs, 24X also provides other services such as Deliverable Swaps and Non-Deliverable Swaps, along with Spot trading for institutional customers. Since its inception in 2019, the 24X platform has revolutionized access to liquidity by unifying various asset classes into one interface. This approach has enabled market participants to significantly reduce costs while enhancing liquidity access.

Furthermore, through its subsidiary, 24X National Exchange, the company facilitating trading in U.S. equities through approved broker-dealers has opened another avenue for traders looking to maximize their opportunities in the stock market.

A Brief Overview of 24X

24X Bermuda Holdings LLC operates primarily through two significant branches: 24X Bermuda Limited, which specializes in currency exposure transactions, and 24X National Exchange LLC, which holds the distinction of being the first national securities exchange recognized by the SEC to operate 23 hours a day during the weekdays. 24X's mission is to simplify and reduce the costs associated with asset exchanges in global markets, coupled with unique workflows tailored for each asset class.

As 24X continues to evolve and push the boundaries in financial trading, stakeholders can expect more innovations aimed at providing efficient trading solutions that align with dynamic global market demands.

Learn more about their offerings at 24 Exchange and 24X National Exchange.