DBS selects DerivaTech for FX trading

The DerivaTech OTC system will support the bank's stated aim of becoming a major player in the FX options business, according to Conrad Kwok, head of foreign exchange options at DBS. "With the expansion in our business, both in volume and sophistication, our existing legacy system became less effective," he explained.

The move is part of an investment programme in excess of $100 million, through which the bank hopes to become the leading risk adviser.

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Smarter trading in a fragmented world

FX Week recently hosted a webinar in partnership with Refinitiv to ask foreign exchange industry leaders to discuss geopolitical challenges, market changes and developments, and evolving technologies, and how they have shaped forex markets in Asia

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