Singapore Headquartered Brokerage Straits Financial Services PTE LTD announced that it is boosting its partnership with Integral, a leading currency technology provider in financial markets to promote its customers’ service throughout Asia and enhance its increasing presence in the markets of precious posts. area.
The Straits Financial Services have expanded its services to the SG1 Data Center (Singapore) to enhance the quality of execution and liquidity for its customers in a variety of FX media, as well as precious metals – a new application for the technological stack of the company activated by Integal.
The expansion of the presence of the Stock Exchange Data Center is indicative of its coordinated distribution, helping to ensure the most competitive pricing for its Asian customers. Integral’s API-FIRST technology facilitates this, allowing smooth integration with external systems and spaces.
The news comes in the midst of SFSPL’s growing activity in the Asian precious metal market, with the business creating a strong presence in gold, silver, platinum and Palladi trade. With gold prices reaching new highs and volumes of trading this year, Integal’s solutions will allow the company to exploit this growth and accelerate its commercial activities.
The Integral’s Out-of-the-Box pricing mechanism will be the key to SFSPL’s success in the field of precious metals, allowing smooth conversion from the price per ounce to grams or kilograms of measurement most commonly used in Asian markets. It then allows users to compare these prices against local currencies, improving transparency of pricing and risk management.
SFSPL initially adopted Integral’s technology in 2019, before it was extended to precious metals. It is currently utilizing Integal’s products for liquidity, negotiation, pricing, risk management, distribution and white labeling.
Susan Quek, Vice President and Sales Chairman at SFSPL, said,
“We have experienced firsthand the technology of the essential impact that can have precious metals and FX transactions, offering optimized prices, higher accumulation of liquidity and rationalized operational efficiency.
Harpal Sandhu, Managing Director of Integal, commented,
“Adapted to the shades of both the assets and the area, the Integral platform can escalate to meet the current needs of our customers, as well as their plans for future expansion.
For complete
Integal is the coin technology partner in hundreds of financial institutions, including banks, brokers, investors and cross -border payment companies, which have integrated Integal’s technology into their work flows and the services facing customers. It was first approved by the financial markets and is now incorporated into all industries – the built -in FX services solve the challenges of exchange rates facing each World Organization. Founded in 1993, we support customers from our Palo Alto offices, New York, London, Tokyo, Singapore and Bangalore.
About PTE LTD close financial services
At Straits Financial Services PTE LTD, we distinguish ourselves by promoting basic and innovative contracts to support the financial markets of derivatives and derivatives of basic products, as well as providing products and services to fulfill the needs of each trader. With a strong presence in Asia and a deep understanding of world markets, we provide value to our customers by allowing global access to a local perspective. Founded in 2010, the Straits Financial Services PTE LTD is part of the Singapore -based Straits. The Straits Financial Services PTE LTD provide a fully integrated service to our customers to access financial derivatives and basic products and we are trying to build permanent relationships with our customers.