Singapore aims to become e-FX hub for Asia, says MAS’s Loh
Jacqueline Loh says Singapore wants more price discovery to take place in the country
Singapore is bidding to attract more foreign exchange players in an effort to become the largest electronic price discovery hub in Asia, Jacqueline Loh, deputy managing director of the Monetary Authority of Singapore (MAS), told delegates at the 14th annual FX Week Asia conference.
Singapore is currently the third-largest forex trading centre in the world, after London and New York, and its share of trading volumes is growing. But while Asia saw its slice of global forex volumes inch higher to
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