Forex News
StoneX launches Singapore FX booking center, adds SG1 connectivity
StoneX launched its Singapore FX booking center and SG1 connectivity on Oct. 1, expanding its Asia-Pacific foreign exchange capabilities.
- StoneX said the new center provides local pricing and execution from Singapore.
- The firm added seven new CNH pairs and broadened APAC currency coverage.
- It said the setup supports deliverable FX, settlement timelines and intraday liquidity needs.
StoneX Group Inc. on Oct. 1 launched its Singapore FX booking center and SG1 connectivity. The company said the move expands its foreign exchange capabilities in Asia-Pacific.
The new booking center gives StoneX FX local pricing and execution from Singapore. StoneX said it should improve response times, deepen regional expertise and align client support with APAC market hours.
The firm said the setup builds on its NY4 and LD4 hubs. It said the booking center is designed to support institutional and corporate hedging needs.
APAC coverage
StoneX said the launch strengthens its deliverable FX offering in Asia. It said the centre can help clients manage settlement timelines, regional currency workflows and intraday liquidity requirements.
StoneX FX also expanded its APAC currency coverage alongside the SG1 launch. The firm said it added seven new CNH pairs and improved liquidity across JPY, SGD, HKD, KRW, TWD, INR, IDR, PHP, THB and AED.
Management comments
The launch of our Singapore booking center is a meaningful step in strengthening our FX offering in Asia-Pacific. By aligning pricing and execution with regional market hours, we are able to deliver faster, more relevant support and help our clients navigate increasingly dynamic FX markets with greater precision.
— Gerard Melia, Global Head of FX Sales, StoneX
Singapore is a key global FX hub, and establishing SG1 connectivity for our new, local booking center allows us to bring our liquidity, technology, and expertise closer to clients in the region. This enhances not only execution quality, but also the overall client experience across trading, hedging, and settlement.
— Greg Kallinikos, CEO of APAC, StoneX
Source: GlobeNewswire,