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foreign exchange (FX)
Forex
Singapore retains position as third largest global forex centre
According to the MAS, Singapore’s share of global FX volumes also rose 1.8 percentage points y-o-y.
October 28, 2022
Company in the news
SGX is buying sell side FX company MaxxTrader for US$125 mil
MaxxTrader’s strong sell-side client base will complement the buy-side clientele of BidFX, says SGX.
July 23, 2021
Broker's Calls
PhillipCapital cuts Hyphens Pharma's TP on 9M earnings falling below estimates
Hyphens’ 9MFY2020 earnings came 17% below the analyst's estimates due to other losses arising from inventory obsolescence.
November 17, 2020
EY Entrepreneur Of The Year 2020 Awards Singapore
Leading by example
M-Daq CEO Richard Koh’s atypical approach to business empowers M-Daq to beat impossible odds.
November 13, 2020
Broker's Calls
Battleground states now swinging blue but look beyond the election results, say analysts
PhilipCapital Research Analyst sees Biden winning narrowly in the key bellwether state of Florida.
October 28, 2020
Markets
SGX total securities market value climbs 23% y-o-y to $24.3 bil in September
The total securities market turnover value for September came in at $24.3 billion over 22 trading days.
October 12, 2020
Currencies
Trump's Covid-19 comeuppance sees investors shelter in the Dollar and the Yen
The USD gained 0.6% on the risk-sensitive AUD while JPY rose more than 1% on the AUD.
October 02, 2020
Broker's Calls
OCBC bullish on US Dollar recovery but contested elections could spoil the party
OCBC is negative on EUR-USD and GBP-USD and recommends USD-JPY as a hedge should the US election outcome be conteste
September 28, 2020
Broker's Calls
BidFX acquisition a medium-term positive for SGX: analysts
BidFX is a cloud-based foreign exchange (FX) trading platform for institutional investors.
June 30, 2020
Forex
Singapore takes split-second chance to be FX hub for Asia's rich
(Apr 25): Singapore is grabbing a sub-second opportunity to win a bigger slice of the world’s US$5.1 trillion-a-day foreign exchange market.
April 25, 2019