Singapore poised to become Asia’s FX centre as Citi sets up pricing engine

Move by US bank consolidates city-state’s position

singapore-cityscape
Singapore: MAS in bid to make city-state the largest electronic price-discovery hub in Asia

Singapore is consolidating its position as Asia’s top foreign exchange trading centre, as Citi joins UBS in setting up an electronic currency pricing and trading engine in the city-state, with the support of its financial regulator and central bank.

Set to go live in the third quarter of 2019, Citi says the trading engine will significantly boost Singapore as an important liquidity hub in the region.

Singapore becomes the US bank’s fourth FX pricing and trading engine location, after Tokyo, New

To continue reading...

You need to sign in to use this feature. If you don’t have a FX Week account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: