SUBSCRIBERS

StanChart to set up forex e-trading, pricing engine in Singapore

Fiona Lam

Fiona Lam

Published Mon, Jun 3, 2019 · 09:50 PM

Singapore

STANDARD Chartered Bank (StanChart) plans to launch a foreign exchange (FX) e-trading and pricing engine in Singapore, with support from the Monetary Authority of Singapore (MAS), by the first quarter of 2020.

The lender said on Monday that the e-trading engine will offer its clients FX e-trading of 130 currencies and more than 5,000 currency pairs in spot, forward, swaps, non-deliverable forwards (NDFs) and options.

Copyright SPH Media. All rights reserved.