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 an exemption from the US Commodity Futures Trading Commission (CFTC)’s Swap Execution Facility (Sef)

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact customer services - www.fx-markets.com/static/contact-us, or view our subscription options here: https://subscriptions.fx-markets.com/subscribe

You are currently unable to copy this content. Please contact info@fx-markets.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to FX Markets? View our subscription options

Most read articles loading...

You need to sign in to use this feature. If you don’t have a FX Markets account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: