FIA Tech connects Trade Data Network to Singapore Exchange
New development will provide SGX member firms connected to TDN with greater transparency into their trade give up/take in process on SGX.
New development will provide SGX member firms connected to TDN with greater transparency into their trade give up/take in process on SGX.
The A$125 million acquisition broadens Tradeweb’s Asia-Pacific footprint, further opening the door to Australia and New Zealand.
The move is the next step in BMLL’s growing APAC coverage and comes in response to client demand, The TRADE understands.
Individual has previously held positions at Singapore International Monetary Exchange (SIMEX) and DBS Vickers Securities.
Implementation details and official launch dates are yet to be announced by the respective stock exchanges as they move to enhance connections between China and the rest of the world.
As part of the agreement, the Tokyo Stock Exchange has also made a 5% investment into Blue Ocean Technologies which is expected to close in September.
BlackRock and Jio Financial Services (JFS) are targeting initial investments of $150 million each to introduce the new player into the India market.
New office follows continued expansion by M&G into key Asian markets to complement market positions in the UK and Europe; two senior appointments have been made to help steer the move.
New desk will initially focus on options, cash equities and futures, with plans to expand into other asset classes in the future.
New programme initially launches with a Northbound channel, offering Hong Kong and international investors access to Mainland China’s interbank interest rate swap markets.