BNY Mellon, the world's largest custody bank by assets, said it appointed Keon Ho Kang to head its newly created foreign exchange dealing room in Singapore. The bank has launched the FX dealing room in Singapore to facilitate trades in G10 currencies and the Korean Won. The American investment giant said the move reflects Singapore's growing…
Read moreSingapore is Asia's largest FX market, and the largest offshore RMB clearing centre outside of Greater China.
Read moreThe Singapore Exchange (SGX) is adding new Asian foreign exchange futures contracts on the Chinese yuan, Japanese yen and Thai baht, to further augment its successful suite of forex offerings. The new Asian FX contracts will be available for trading from Oct 20th. The expanded suite is in line with G20 recommendation to encourage trading…
Read moreSGX's Indian rupee currency futures scaled new peaks again in August, following a surge of participation from new customers and investors.
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