United Overseas Bank Limited (UOB) says it will set up an electronic foreign exchange (FX) pricing and trading engine in Singapore, which will serve as the hub to service its client franchise.

The new engine will be launched by the second quarter of 2021.

The pricing and trading engine will take advantage of reduced latency via co-location connectivity to improve price discovery and to enhance pricing capability.

To continue reading,

Sign in to access this Premium article.

Subscription entitlements:

Less than $9 per month
3 Simultaneous logins across all devices
Unlimited access to latest and premium articles
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)

Stay updated with Singapore corporate news stories for FREE

Follow our Telegram | Facebook