Reuters Asia has introduced forward USD/Singapore Dollar (SGD) to its electronic matching service, Dealing 3000. The new currency pair is expected to start live trading today.
Reuters says its elctronic matching service is a reference point for spot USD/SGD since its launch in October 2000 and is confident to achieve similar results with the forward USD/SGD product.
Nicholas Ohlin, director, treasury broking service, Reuters Asia, says: "A successful run with this new forward USD/Singapore Dollar would certainly lead us to consider listing other currencies and instruments in the region."