UOB is the first Southeast Asian bank to join ForexClear as a direct member, and is the final Singapore local banking group to join as a direct member of SwapClear
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UOB is the first Southeast Asian bank to join ForexClear as a direct member, and is the final Singapore local banking group to join as a direct member of SwapClear
<p><span>UOB today announced that it has deployed Chronicle Software’s (Chronicle) EFX solution for its electronic foreign exchange (FX) pricing and trade engine</span><span>.</span><span>Through Chronicle’s technology, UOB has the ability to take advantage of reduced latency via co-location connectivity to improve price discovery and to enhance pricing capability. In doing so, UOB is able to provide customers in ASEAN and across its global network access to more competitive FX pricing.</span></p>
The engine will allow UOB to support its customers’ cross-border needs more quickly and efficiently.