CFH will be one of only a handful of institutional brokers to launch a regulated Singapore office with SG1 trading infrastructure.
Tier 1 multi-asset liquidity provider CFH is expanding its global footprint with the launch of a MAS-regulated Singaporean office.
Via this pioneering move, CFH becomes one of only a handful of institutional brokers to launch a regulated Singapore office with SG1 trading infrastructure, meaning it will be able to provide localised liquidity alongside the tier 1 banks.
Bringing their front to back technology, multi-asset liquidity and prime solutions to Singapore and the APAC region, CFH will be able to provide local execution and provide partners and clients with an increased level of service from a Singapore base, staffed by some of the industry’s most knowledgeable and experienced personnel.
Under their capital markets license with the Monetary Authority of Singapore (MAS), CFH will be offering OTC Derivatives Contracts and leverage products in line with MAS regulations. The products available will be Spot FX, precious metals and energies, along with global stock indices.
Considering the MAS’s drive to make its territory a financial and technology leading hub, this focus aligns with the company’s position as a leading financial and technology provider.
Alex MacKinnon CEO, CFH Singapore comments,
“We recognise the many benefits of Singapore having a stable political, economic environment, along with the focus of MAS being the number 1 FX centre in the region. As CFH has a fully in house built integrated system we will look to provide a reduction in transaction costs to clients in Singapore. Existing CFH clients will now have a regional presence to liaise with on all aspects of the business with the CFH Group.”
Essential roles will be based out of Singapore such as Compliance, Finance, Sales, Client services along with a local APAC management team.
CFH Singapore is a MAS regulated 100% subsidiary of Playtech plc, a FTSE 250 listed company. CFH has a global footprint with regulated presences in the UK, Singapore and Australia.