BidFX

We are keenly anticipating the SimCorp Americas Summit in Chicago. Looking forward to connecting with industry peers and showcasing our latest innovations. Make sure to find us at our booth for insightful demos and engaging conversations on how we can elevate your FX trading and workflow automation, with seamless integration with your existing SimCorp solutions. We look forward to seeing you there! Learn more about the event here - https://simcorpsummit.com/ #SimCorpSummit #FinTech #FXtrading #FXautomation #SGXFX #FXbuyside #FXsellside Scott Gold | Michael Briordy

The shift towards electronic FX options trading marks a significant milestone in the evolution of financial markets. The inexorable demand for best execution and transparency is driving change. Plain vanilla options, with their commoditised nature, are leading the way in this transition, while exotic options still benefit from bespoke banking services. The integration of electronic FX options trading into wider FX EMS solutions offers unparalleled advantages, heralding a new era of efficiency, transparency, and competitive pricing in the FX options market. The future is clear: electronic trading is not just an option; it is the path forward towards a fairer and more efficient financial marketplace. Check out our full article by Alan Dweck, COO Buyside Solutions at SGX FX, via the link in the comments section. We’d love to hear your thoughts on this topic. ?? #SGXFX #efx #fxoptions #optionstrading #exoticoptions #bestexecution #transparency

We are pleased to announce our new partnership with Mitsubishi UFJ Financial Group, Inc. (MUFG). MUFG has a robust international network spanning more than 50 countries and a top-tier credit rating of A1/A/A-, bringing with it unparalleled expertise and a unique strength in Asian currencies, especially in JPY. Recognised as an Asian powerhouse in currencies, MUFG’s addition to SGX FX underscores the platform’s dedication to excellence and innovation in the FX space. Read more details here - https://lnkd.in/gQRw4Chp Connect with us to learn more! #SGXFX #efx #FXLiquidity #OTCFX #USDJPY #Yen

The annual SGX Commodities Day 2024 – London Edition returns this 25 September, Wednesday. Building on the success of last year’s event, we are bringing more timely and transformative topics that shapes tomorrow’s markets. Network with leaders and peers from the ferrous, shipping and energy metals sectors and gain knowledge as we investigate: ?? The global macro outlook and its consequential effects on commodities markets ?? The intricate interplay of geopolitics, decarbonisation, and the role of derivatives in modernising the shipping sector ?? The outlook and opportunities of China’s economic trajectory as it stands at a critical juncture ?? The emerging growth catalysts for Iron Ore, and their influence on the dynamics of Iron Ore derivatives ? Access the full agenda here today - https://lnkd.in/gCT8rtpi ? #SGXCommodities #ironore #steel #freight #shipping #energymetals #london #commodity #commodities Tee Yong Tan Helena Huang Niki Wang Michael Widmer William Prajogo Jin Yu Cheong

The shift towards electronic FX options trading marks a significant milestone in the evolution of financial markets. The inexorable demand for best execution and transparency is driving change. Plain vanilla options, with their commoditised nature, are leading the way in this transition, while exotic options still benefit from bespoke banking services. The integration of electronic FX options trading into wider FX EMS solutions offers unparalleled advantages, heralding a new era of efficiency, transparency, and competitive pricing in the FX options market. The future is clear: electronic trading is not just an option; it is the path forward towards a fairer and more efficient financial marketplace. Check out our full article by Alan Dweck, COO Buyside Solutions at SGX FX, via the link in the comments section. We’d love to hear your thoughts on this topic. ?? #SGXFX #efx #fxoptions #optionstrading #exoticoptions #bestexecution #transparency

The Overnight Interest Rates market plays a crucial role in a country’s financial ecosystem by providing a transparent and efficient index for short-term interest rates. We're excited to introduce two new short-term interest rate futures contracts: SORA and TONA. ???? SORA: Optimal Risk Management for Singapore Interest Rates: Manage exposure to interest rate risks in Singapore with the only benchmark exchange-listed futures contract in the world. KC Lam, our Global Head of FX and Rates, says, "With the growing issuance of cash products referencing SORA, this exchange-traded contract will help fill a gap in the market for Singapore interest rates trading and hedging instruments which provide greater transparency and capital efficiencies, and we welcome Standard Chartered as a market participant." Chee Wei Liu, Head, Markets, Singapore and ASEAN, Standard Chartered, adds, "Complementing the existing suite of instruments, this new product alternative helps enhance hedging and risk management, supporting the growing SORA OTC derivatives market across a wide range of client segments. As a leading market participant in the Singapore derivatives space, Standard Chartered Bank looks forward to the new opportunities presented by this new SORA futures instrument and block market trading." ???? TONA: Extended and Continuous Trading Days for Japan Interest Rates: Take advantage of 13-16 more trading days than Japanese onshore exchanges, along with continuous market access throughout Asian trading hours. The contract provides increased trading flexibility for global clients. Connect with us today or find out more here: bit.ly/4d76xlZ. #SGXFX #Futures #SORA #TONA #STIR #InterestRates #RatesMarket

SGX FX Futures soared to new heights on 25 July, achieving a remarkable US$25.7 billion single-day record for USD/CNH futures contracts amidst turbulent market conditions. This milestone reaffirms SGX FX's position as the premier destination for risk management, hedging, and price discovery. Last week's rollercoaster markets came on the back of heightened volatility in U.S. equities as the tech rout continued with the 'Magnificent 7' stocks registering notable declines. The broad correction in the Japanese yen also contributed to the global risk-off sentiment. Uncertainties around the Federal Reserve and Bank of Japan's potential rate changes, ongoing U.S. Presidential election and moves by the PBOC on its medium-term lending facility added to the volatility. Surpassing the previous record by +15.1%, SGX FX's latest achievement underscores the need for a highly liquid venue for global investors to manage currency risks. The notional open interest for USD/CNH contracts also saw a notable uptick of +3% to 213,814 lots, closely approaching the historical high of 219,005 lots set in June 2024. Stay tuned for more updates on how SGX FX remains at the forefront of global FX markets! #SGXFX #USDCNH #FXMarkets #USElections #JPY #Magnificent7

We had a fantastic time at the inaugural Capital Markets Exchange in London on 27th June! ?? It was an exceptional event for knowledge sharing and networking among industry professionals. Hosting an exclusive workshop at the event was a privilege, especially with such an engaged audience. Glad to have had the opportunity to showcase our comprehensive suite of FX trading solutions, demonstrating our commitment to innovation and excellence in the field. Connect with us today to learn more about our universal solutions that empower FX traders around the world! #SGXFX #CMX #fxtrading #bestexecution #technology #fxautomation

Asia Awards 2024: Best AI-based Solution—SGX FX Some FX-focused analytics tools highlight anomalies and tailored metrics like rejection rate and quantity to users without considering the levels of each of the metrics that the user is interested in and not expanding to multiple dimensions like currency, liquidity provider and trader. In contrast, SGX FX’s machine learning models along with its semantic data model are trained with different levels of metrics rather than just anomalies and have the capacity to show related cause and effect stories. Connect with us to learn more! #SGXFX #OTCFX #AI #Trading #FXmarkets #Automation #Analytics #machinelearning