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SGX’s new FX platform sees increased NDF trading from US firms

Sef exemption opens door to increased US buy-side interest

sgx-centre

Singapore Exchange (SGX) has seen increasing activity from US buy-side firms trading non-deliverable forwards (NDFs) with local regional banks on its new anonymous foreign exchange platform, as it looks to establish the platform as a primary venue for the region.

CurrencyNode, the electronic communications network (ECN) launched in September last year within Singapore’s SG1 data centre, received

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