MUFG Joins SGX FX

Japan’s MUFG has become the latest liquidity provider on SGX FX’s e-FX buy-side facing platforms, MaxxTrader and Bid FX.

“The partnership with SGX FX aligns with MUFG’s strategy of digitalisation and expanding our footprint in the financial institutional space,” explains Kenneth Ho, global head of e-FX sales at MUFG. “It enables us to efficiently extend our reach and deliver our specialised pricing strengths directly to a wider array of clients, reinforcing our position as a global leader in FX liquidity provision.”

Jean-Philippe Malé, Ppesident of SGX FX, adds, “SGX FX is excited about the strengths MUFG brings to the platform, including enhanced quality of FX liquidity and specialised pricing that will benefit both SGX FX’s offerings and its diverse clientele. MUFG’s extensive banking roots in Japan and robust client base enrich our ecosystem, offering workflows that promise to significantly reduce transaction costs across various deal types and currencies.”