SGX, ICAP to develop new Asian currency products and services

Singapore

SINGAPORE Exchange (SGX) will be collaborating with ICAP, a leading markets operator and provider of post-trade risk mitigation and information services, to boost the growing Asian currency market.

SGX announced on Wednesday that it will develop a new range of Asian currency products and services with ICAP's EBS that complement the foreign exchange over-the-counter and futures markets in Asia.