Tag - FX Trading Hub

FlexTrade Systems (@FlexTrade), a global leader in multi-asset execution and order management systems, announces its client KGI Securities will launch the KGI MaxxTrader’s electronic foreign exchange (FX) pricing and trading engine in Singapore. KGI Securities has made this launch in support of the Monetary Authority of Singapore’s (MAS) vision for Singapore to connect global markets, support Asia’s development, and serve the economy. 

With the uptick in Asian currency trading and the growth of electronic trading, Singapore’s regulator is working with the financial industry to build an FX trading hub and expand FX market infrastructure, a move to improve liquidity and price discovery during Asian trading hours.