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Citi joins UBS in setting up Singapore currency trading hub

Bloomberg
Bloomberg3/11/2019 04:24 PM GMT+08  • 2 min read
Citi joins UBS in setting up Singapore currency trading hub
SINGAPORE (Mar 11): Citigroup Inc. is planning to join UBS AG with an electronic currency trading and pricing platform in Singapore, setting up systems to boost liquidity in Asia’s biggest foreign-exchange hub.
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SINGAPORE (Mar 11): Citigroup Inc. is planning to join UBS AG with an electronic currency trading and pricing platform in Singapore, setting up systems to boost liquidity in Asia’s biggest foreign-exchange hub.

Singapore will become the fourth FX trading engine location for Citi, which also has systems set up in Tokyo, New York and London, the bank said in a statement Monday.

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