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


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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