27 Feb '18, 6pm

New York Fintech trueEX Expands: Opens New Office in Singapore

According to trueEX, among the 28 currencies that are available on its platform are AUD, CNY, HKD, INR, JPY, KRW, MYR, NZD, SGD, THB and TWD in the Asian-Pacific time zone, as well as throughout US and European trading hours – all via one global connection. The opening of trueEX’s Singapore office comes right after the Monetary Authority of Singapore (MAS) proposed new rules to enhance market transparency, requiring that OTC derivatives be traded on organized markets. They plan to seek an equivalence determination from the US. Christopher Yoshida , Chief Strategy, Sales & Marketing Officer of trueEX LLC, stated: “With the tremendous growth in support of the trueEX platform, we’ve seen a significant increase in demand for trading in Latin American, European, and now Asian-Pacific currencies. From the outset, the Asian markets have been a key component of our long-term strat...

Full article: https://www.crowdfundinsider.com/2018/02/128895-new-york-...

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