Goldman Sachs to Launch Singapore FX Trading Engine

Goldman Sachs is set to build an electronic foreign exchange trading and pricing engine in Singapore with the support of the Monetary Authority of Singapore (MAS). The FX trading engine is expected to go live in the first quarter of next year across deliverable and non-deliverable currencies. It marks the fourth FX pricing engine that the institution operates, including those in London, Tokyo, and New York, and will aim to deliver improved low latency execution for clients.