Interdealer broker will launch an electronic foreign exchange trading platform into the region with support from the Monetary Authority of Singapore.
Tag: Monetary Authority of Singapore
The exchange group confirmed in June last year that it would be launching the hub as part of an ongoing market-wide scheme with the Monetary Authority of Singapore.
The launch of the FX pricing engine in Singapore by Nomura comes as part of a regulatory scheme to make the region a trading hub.
Joel Jerome joins Gresham Technologies after working in senior sale roles at Finastra, OpenLink, and ITC Infotech.
The FX trading engine will be built by Goldman Sachs with the support of the Monetary Authority of Singapore to deliver low latency client execution.
The Monetary Authority of Singapore said that Deutsche Bank will join BNY Mellon in becoming the latest to establish an FX trading engine in Singapore.
After confirming plans in August, JP Morgan has officially launched its electronic FX trading platform in Singapore.
BNP Paribas follows JP Morgan and Citigroup in establishing an FX pricing and trading engine in Singapore.
JP Morgan will launch its fourth FX trading engine globally in Singapore in early 2020.
Jump Trading joins Standard Chartered, Citi, UBS and XTX Markets in establishing FX pricing and trading engine in Singapore.