Reuters Asia introduces forward USD/Singapore electronic matching

Reuters Asia introduces forward USD/Singapore electronic matching

Reuters Asia has introduced forward USD/Singapore Dollar (SGD) to its electronic matching service, Dealing 3000. The new currency pair is expected to start live trading today.

Reuters says its elctronic matching service is a reference point for spot USD/SGD since its launch in October 2000 and is confident to achieve similar results with the forward USD/SGD product.

Nicholas Ohlin, director, treasury broking service, Reuters Asia, says: "A successful run with this new forward USD/Singapore Dollar would certainly lead us to consider listing other currencies and instruments in the region."

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