Deutche Bank plans launching e-FX trading hub in Singapore

Monday 15 June 2020 09:44 CET | News

Deutsche Bank has announced it will establish an electronic foreign exchange (e-FX) hub in Singapore.

This is going to be done by developing an FX trading and pricing engine onshore, in conjunction with the Monetary Authority of Singapore. It will be developed and staffed locally and will be aligned to Deutsche Bank’s focus across e-trading, fintech clients, and digital FX payments.

The Singapore e-FX hub will provide clients with the ability to execute FX transactions aligned with geographic location, reducing latency, improving on local price transparency, and liquidity.

More: Link

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Keywords: Deutsche Bank, e-FX, Singapore, electronic exchange, exchange, Monetary Authority of Singapore, e-trading, fintech, digital payments, payments , transactions
Categories: Payments & Commerce
Countries: Singapore
This article is part of category

Payments & Commerce