SmartTrade Technologies has announced that to cater for increased regional demand, it is opening a new office in Singapore. It will accompany an existing office located in Tokyo.
The firm is placing senior engineers and sales representatives in the new office but is not yet naming the members of staff that are either being transferred from elsewhere in smartTrade or being hired externally.
Its clients in Asia Pacific have been using smartTrade products for FX, fixed income and equities, and that includes its liquidityFX end-to-end trading product which is co-located in Tokyo, New York and London.
A newly announced product, smart-FI, which handles fixed income end-to-end trading, is already generating significant interest, according to the firm.