EBS partners SGX to boost Asian FX footprint

Trades to be executed on EBS and cleared by the Singapore Exchange

michael-spencer-icap
Michael Spencer, group chief executive, Icap

EBS is set to offer currency derivatives listed on the Singapore Exchange (SGX) through its trading platform from the third quarter of this year, as part of a strategic partnership that will offer customers the ability to execute and clear five FX futures contracts.

Under the partnership, which is subject to regulatory approval, EBS and SGX will initially offer access to the contracts via the EBS platform, with SGX acting as the clearing house. Some contracts will be available to be executed and

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