MarketFactory is now live in Singapore’s Equinix SG1

Singapore now joins the ranks of New York, London, and Tokyo as a major global foreign exchange trading hub. Following the initial SG1 launch, Equinix continued to expand and invest in Singapore committing an additional $144 million in December for an additional local data center.

Liquidity providers now have a robust base to serve local and international markets. Some of the major FX liquidity providers committed to this expansion include JP Morgan, UBS, Standard Chartered, Deutsche, and XTX. On the ECN side, Euronext FX-Fastmatch established a Singapore matching engine with a focus on NDF’s.

The increasing electronification of NDF trading in the Asian market is fueling robust growth and a need for a Singapore presence. To meet this demand, MarketFactory went live in Equinix SG1 in May. Banks and hedge funds can now add Singapore to the list of major global FX trading centers.

MarketFactory’s award-winning API and SAAS products provide our clients a single API to the FX market and all FX products. For inquiries regarding MarketFactory or a presence in SG1, please contact sales@marketfactory.com.