New Products
What's New In Investments, Funds? – SGX FX, Sumitomo
The latest news in investment offerings, financial products and other services relative to wealth advisors and their clients.
SGX FX, Sumitomo Mitshi Banking Corp
Singapore-based foreign exchange SGX FX has added Japan’s
Sumitomo Mitsui Banking Corp (SMBC) as a liquidity provider.
SMBC was the first “mega bank” in Japan to stream prices directly to SGX FX clients; it now extends this to SGX CurrencyNode, an electronic communication network operated by SGX FX.
Among other benefits, the partnership provides investors with improved access to Japan’s financial markets at a time when the Asian country’s economy has been winning plaudits after decades of sluggish growth.
SGX FX says it offers a “gateway” to the global FX market.