The acquisition allows SGX to build on its dominance in Asian FX futures, and broaden its reach into the global FX over-the-counter market.“The future of the FX market would very much depend and rely upon the price transparency, bigger pools of liquidity - and I think more importantly, how the workflow process for customers can be made even more effective and efficient," said Mr Loh.
"The DCI business, and the FICC will double in five years’ time. So that's really part of our growth strategy," said Mr Loh. "That said, the companies that have come to list on SGX expect a continued journey in terms of fundraising. They don’t see an IPO as a destination. They see an IPO as a first step of the journey," said Mr Loh.
Source: News Formal (newsformal.com)
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