ICBC Singapore adopts Thomson Reuters Electronic Trading

ICBC Singapore Branch has adopted Thomson Reuters FX e-commerce solution Electronic Trading to strengthen its presence in the foreign exchange market.

First Published by e-Forex News: December, 2016

Alfred Lee
Alfred Lee

ICBC Singapore Branch has adopted Thomson Reuters FX e-commerce solution Electronic Trading to strengthen its presence in the foreign exchange market. ICBC is the first Chinese bank to adopt this next generation solution from Thomson Reuters.“With 25% of global FX trade taking place in Asia, ICBC’s decision to deploy Thomson Reuters Electronic Trading solution fully enables the bank’s FX market making capacity to both interbank and corporate clients and also streamlines risk management. We have a number of Chinese banks using our existing FX e-commerce solutions, and ICBC is the first to take advantage of our next generation technology,” said Alfred Lee, Managing Director, ASEAN, Financial and Risk, Thomson Reuters.