SGX FX and BBVA have announced a strategic collaboration to expand liquidity provision and distribution in Latin America, marking a significant step in SGX FX’s long-term growth strategy in the Americas and emerging markets. As part of the initiative, BBVA, one of the largest market makers in Latin America will establish a distribution engine in the NY4 data centre, providing direct access to liquidity across major regional currencies. The move strengthens SGX FX’s international platform and reinforces its position as a gateway to the global foreign exchange ecosystem.
Jean-Philippe Malé, CEO of SGX FX, said: “Our strategic focus on LATAM underscores our goal to build robust and diversified FX markets that drive growth opportunities for all participants. BBVA’s deep expertise in this dynamic region bolsters SGX FX’s ability to provide clients with efficient access to the Americas, the LATAM region, and Emerging Markets as a whole.”
