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New Asia forex platform aims to create sparks
Singapore-based Spark Systems will start live trial in March; it's counting on prominent patrons to help it break into market long dominated by major Western financial firms
Add BT as a preferred sourcePublished Wed, Feb 8, 2017 · 09:50 PM
Singapore
THE US$5.1 trillion-a-day foreign exchange market's newest upstart trading venue has big ambitions to bring more of the world's currency transactions to Asia. It also has some big-name backers.
Singapore-based Spark Systems will start a live trial of its currency platform in March, hoping to lure traders with lower fees than existing offerings in the city.
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