Spark Systems wants Singapore hardwired for FX

Singapore

SPARK Systems is a potential game changer in the foreign exchange (FX) space in Singapore.

The locally bred "builder of the next generation, ultrafast, resilient, low latency and efficient trading platform" wants to develop a Singapore-based FX marketplace for the 12,000 plus corporate treasuries based here, as well as the international banks.

Led by co-founder and chief executive Wong Joo Seng, it has already attracted US$15 million in combi…