SGX FX to integrate Lloyds as a liquidity provider
The move is set to boost FX price formation for the exchange, and support Singapore Exchange (SGX) FX’s clients in accessing liquidity.
The move is set to boost FX price formation for the exchange, and support Singapore Exchange (SGX) FX’s clients in accessing liquidity.
The new offering is expected to complement the firm’s existing public cloud partnerships with Amazon Web Services (AWS), Microsoft and OVHcloud.
Trading of the contracts is currently scheduled to go live on 28 April, and will also see BNP Paribas acting as a market maker to support liquidity, subject to regulatory approval.
The development aligns with ongoing efforts to form a regional infrastructure layer connecting Argentina, Chile, Colombia and Peru, and is set to provide institutional clients across the world with real-time market data access, The TRADE understands.
The firm highlighted key drivers of growth, such as the completion of the Aquis and Baymarkets tie-ins over the course of 2025, contributing to a 5.4% net operating income increase.
Newly appointed executive previously served as global chief executive of Turquoise at LSEG and held senior roles across BCS Global Markets and ABN AMRO Clearing.
The collaboration is expected to tackle the fragmentation of collateral and risk workflows across digital and traditional infrastructures and provide a unified framework for clients to scale tokenisation strategies.
More institutions are expected to join the venue as live market operations progress; news follows FCA authorisation of BPX in June 2025 to operate a regulated marketplace for traditional and tokenised securities.
Appointment is set to bolster the firm’s European equities offering, following the recent hire of a new head of market structure and new products from SIX in November 2025.
The expanded hours offering is currently expected to launch in December 2026 and follows increasing demand for expanded trading hours for US equities across the industry, according to the exchange.