eFX trading solutions provider TradAir is expanding in Asia.
The company today announced it is deploying servers in Singapore, and that it is opening a local office, to support the growing number of clients in the region.
Commenting on the move, Ayal Jedeikin, Co-Founder and COO TradAir, said,
“TradAir provides a high performance, always available global eFX web trading platform, hosted in the cloud using Amazon Web Services (AWS). By deploying servers locally in Singapore, we are greatly improving the quality, robustness and competitiveness of our service, and the quality of FX liquidity that our clients in the region can offer to their customers”.
Singapore, is the third largest FX centre after London and NY, with daily FX volumes reachinf approximately $380 billion per day.
Commenting on the importance of Singapore to TradAir, Rob Wing, Head of Sales at TradAir, added,
“It’s strategically important to TradAir that we provide superior customer support to our growing list of clients. We are committed to the region and are excited for the new year of growth”.
As a result of the deployment, clients in the region are set to benefit from a more reliable and secure solution, as well as providing their end-user clients with better quality, and more reliable FX liquidity, which in turn will bring increased client flows, and greater profitability.