RBC Capital Markets launches e-FX server and pricing engine in Singapore

 RBC Capital Markets launches e-FX server and pricing engine in Singapore

RBC Capital Markets is launching an electronic foreign exchange (e-FX) server and pricing engine based in Singapore to serve its clients across Asia-Pacific and the rest of the world.

The Monetary Authority of Singapore (MAS) supported the development of the server and pricing engine, which will rely on new sales and trading infrastructure in the city.

The wider launch of the platform to global clients is currently scheduled for December this year.

The new platform will allow quicker execution, access to greater liquidity and increased price discovery across G10 currencies as well as emerging markets currencies in the Asian trading hours.

“Singapore has emerged as the largest FX trading centre in Asia and third largest globally, and it continues to strengthen its e-FX trading capabilities and market infrastructure. Our investment demonstrates our commitment to the region and participating in…

Read full article…www.thetradenews.com