Deutsche Bank to launch e-FX pricing engine in Singapore

German bank’s move will increase number of liquidity providers with local pricing capacity to nine

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Deutsche Bank is to launch an electronic foreign exchange pricing engine in Singapore, bringing the total number of liquidity providers committed to developing local infrastructure in the city-state to nine, FX Markets understands.

The move will follow that of BNY Mellon, which announced on June 4 it would be developing a pricing and trading engine in Singapore. Deutsche Bank declined to comment but is expected to make an announcement in the coming days.

Ravi Menon, managing director of the

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