Barclays to launch FX trading and pricing engine in Singapore
To be launched in mid-2021, the engine will be Barclay's fourth electronic FX trading hub, following those in New York, London and Tokyo
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BARCLAYS on Wednesday announced that it will be launching its new foreign exchange (FX) trading and pricing engine in Singapore, under the London-headquartered bank's push to strengthen its FX presence in the Asia-Pacific.
This comes as the Monetary Authority of Singapore (MAS) seeks to develop the Republic into the top FX trading centre in the Asia-Pacific.
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