LMAX to launch matching engine in Singapore
London-based firm is latest to join plans to transform the island into global risk centre
London-based LMAX Exchange plans to launch a matching engine in Singapore within the next 18 months, making it the latest currency market participant to support the Monetary Authority of Singapore’s (MAS) aim to expand trading on the island.
Several global banks and electronic communication networks have either set up trading systems in the city-state or committed to doing so.
The moves come as MAS implements its industry transformation map for the financial services sector, with the aim of
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