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SGX launches platform that offers investors access to multiple sources of over-the-counter FX liquidity

Felicia Tan
Felicia Tan • 2 min read
SGX launches platform that offers investors access to multiple sources of over-the-counter FX liquidity
SGX FX is Asia’s most comprehensive marketplace for global FX futures and over-the-counter (OTC) participants. Photo: Bloomberg
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Singapore Exchange (SGX) FX has officially launched its foreign exchange (FX) electronic communication network, SGX CurrencyNode with the trading of non-deliverable forwards (NDFs) on Sept 21.

The launch comes after the platform obtained its recognised market operator (RMO) licence from the Monetary Authority of Singapore (MAS).

SGX CurrencyNode will be hosted in SG1. The platform will offer global banks, non-bank liquidity providers, brokers and institutional investors access to multiple sources of OTC FX liquidity anonymously through a single venue.

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