UOB deploys Chronicle's EFX solution to power electronic FX engine | Singapore Business Review
, Singapore
9 views

UOB deploys Chronicle's EFX solution to power electronic FX engine

It enables UOB to improve price discovery and enhance pricing capability.

UOB has deployed Chronicle Software’s EFX solution to power its electronic foreign exchange (FX) pricing and trade engine, the bank announced in a press release.

Chronicle’s solution enables UOB to improve price discovery and enhance pricing capability thanks to reduced latency via co-location connectivity.

The FX pricing engine, which is located in Singapore, also supports the country’s ambitions to become an e-trading FX hub in the region, the bank added.

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Get Singapore Business Review in your inbox
There were about 2,600 newly launched units in January 2021. 
The company again deferred the listing due to uncertain market conditions.
Initial estimates showed its operational profit grew 15.5% in the first quarter.
This will allow more businesses to have an alternative avenue to fund meritorious claims.
The government agency is assessing whether the joint venture infringes on competition laws.
HongkongLand saw the sharpest decline during Monday's trading, with a 2.98% drop.
Clients can buy and sell securities in 10 markets worth up to US$10m daily.
The new partner VCs are bringing in $30m of potential funding in the programme.
He will lead the bank’s use of technology, data, and design to develop financial solutions.
Group activities for five persons will now be allowed.
Pubs, bars and nightclubs may only resume F&B operations.
The properties are located in France and Vietnam.
This reflects a 318% decrease from its $438m profit in 2021/20.
City Developments Ltd saw the sharpest decline during Friday's trading, with a 1.61% drop.