TrueFX, a purpose-built OTC market designed for the buy-side, has announced that Straits Financial Services Pte Ltd (“Straits Financial”), a Capital Markets Services License company based in Singapore, has joined TrueFX as a clearing member to enhance their clients’ access to forex liquidity.
As a TrueFX Clearing Member (TCM), Straits Financial will provide FX brokers and buy-side firms of all sizes with direct market access to liquidity on TrueFX. Users benefit from access to all market makers on the venue, who in turn can provide them with customized pricing.
Raymond Mok, Straits Financial Global Head of FX said,
“As a leading financial institution in Asia, we want to provide our institutional clients with fair, transparent, and efficient access to the market. TrueFX aligns with these values, and we are pleased to join the network as a clearing member and demonstrate our commitment to this exciting initiative.”
Harpal Sandhu
