SuperDerivatives storms Singapore

New users include banks such as Development Bank of Singapore, United Overseas Bank and Oversea-Chinese Banking Corporation, Singapore-based broker G K Goh, and the Singapore branches of HSBC, ING, WestLB, KBC, Mizuho and Refco.

An 11th client in Asia, Bank SinoPac in Taiwan, signed up for SD-FX last week.

Conrad Kwok, managing director of FX derivatives at DBS, said the bank chose SD-FX for its accuracy and its comprehensive pricing. "SD-FX allows us to distribute our own volatility rates to

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