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 past week saw appointments within the post-trade, fixed income and equities spaces.
The solution from MaxxTrader offers OTC FX execution for digital assets and is designed to offer traders a deeper liquidity pool and extended trading hours, reflecting SGX’s ambitions to extend its global FX offering.
The trading software provider will utilise the Connect, a joint initiative between Singapore Exchange and National Stock Exchange of India, to allow clients to take positions on India’s equity markets.
SGX’s proposed acquisition of MaxxTrader for $125 million from FlexTrade Systems follows its acquisition of the remaining stake in BidFX in June last year.
The new futures contracts will offer investors the ability to invest in the 30 largest tech-related companies across Asia-Pacific.
New derivatives from SGX and FTSE aim to provide investors the opportunity to integrate ESG factors into investment portfolios.
Singapore Exchange leads $53 million funding round for electronic trading platform for corporate bonds to further growth strategies.
SGX FlexC FX Futures allows customers to trade FX futures in OTC fashion which can be cleared on SGX’s platform.