StoneX expands FX capabilities in APAC with Singapore Booking Center launch
The new booking center enables StoneX FX to provide local pricing and execution from Singapore.
The new booking center enables StoneX FX to provide local pricing and execution from Singapore.
The City Index UK brand will retire on 12 September, with all new account openings moving to StoneX Trading.
Ben Kleimunt spent three years at Sucden as Senior eFX and Precious Metals Sales Trader.
The acquisition will also allow StoneX’s global client base to hold local and foreign currency bank accounts in Brazil.
The local SG1 deployment will enable StoneX to improve access to liquidity for clients operating across Asia’s fast-growing markets.
LIQUID eKYC will be used to verify customer identities during account openings for FOREX.com.
At launch, Chicago-based MetroTrade will act as an Introducing Broker to StoneX which will be the regulated FCM for MetroTrade.
Nigel Rose first joined UK CFDs and spreadbetting broker City Index in 2010 as Chief Financial Officer (CFO).
Glenn Stevens was one of the original founders of GAIN Capital, and continued to run the Forex.com and City Index brands until now.
Jeff Blanco joins StoneX Pro from Canadian investment bank Canaccord Genuity, where he was Managing Director and Head of Foreign Exchange.