SGX FX onboard Rand Merchant Bank on buyside platform

RMB will offer liquidity services to the OTC FX buyside platform.

SGX FX has onboarded the South African FX liquidity provider Rand Merchant Bank (RMB) on its OTC FX buyside platform.

RMB will offer liquidity services to SGX FX’s OTC FX buyside platform, which caters to the $7.5t per day FX market.

RMB offers the following features for traders: a selection of neutral mid, inventory skewed USDZAR spot FX Electronic Spot Pricing (ESP) and Request for Streams (RFS), as well as access to FX forwards and swaps through RFS.

SGX FX’s Global Head of Sales, Roger Lee said that the collaboration is “emblematic of a shared vision to support and advance the global FX trading environment, pairing SGX FX's cutting-edge EMS solutions with RMB's market expertise and liquidity.”