SGX FX, BBVA, Partner for Latam Push

Months after it announced a partnership with Brazilian exchange B3 to build BRL liquidity, Singapore Exchange is continuing its work in the region with a new partnership between its SGX FX business and BBVA.

As part of the initiative, BBVA will establish a distribution engine in the NY4 data centre, providing direct access to liquidity across major regional currencies. SGX FX says the move strengthens its international platform and reinforces its position as a gateway to the global foreign exchange ecosystem.

“Our strategic focus on Latam underscores our goal to build robust and diversified FX markets that drive growth opportunities for all participants,” says Jean-Philippe Malé, CEO of SGX FX. “BBVA’s deep expertise in this dynamic region bolsters SGX FX’s ability to provide clients with efficient access to the Americas, the Latam region, and emerging markets as a whole.”

Melody Martínez Davidson, managing director, institutional sales – FICC flow at BBVA CIB, adds, “This partnership with SGX FX marks an important milestone in BBVA’s strategy to expand global access to Latin American FX markets. By combining our regional leadership with SGX FX’s advanced distribution capabilities, we’re enabling seamless connectivity between local markets and international investors. Our shared commitment to innovation and transparency is key to fostering deeper, more resilient FX markets across emerging economies.”