StoneX Group Inc., a Fortune 100 financial services firm, has strengthened its presence in Asia by expanding its partnership with Integral, a leading currency technology provider. This collaboration aims to establish connectivity at the Equinix SG1 data facility in Singapore, enhancing access to foreign exchange (FX) and precious metals liquidity whilst reducing trading latency across the Asia-Pacific (APAC) region.
The expansion allows StoneX to leverage Integral’s infrastructure, already utilised at Equinix’s New York and London facilities, to improve trading efficiency for clients in Asia’s rapidly growing markets. Gerard Melia, Global Head of FX Sales at StoneX, stated, “By extending our infrastructure in Singapore, we are improving our ability to serve clients in one of the world’s fastest-growing financial markets.”
Singapore’s status as a global financial hub is attracting significant investment from major financial institutions, driving the demand for localised trading infrastructure. This development builds on Integral’s recent capacity expansion at the SG1 data centre, which now processes over one million tickets daily, supporting a broad regional client base.
Harpal Sandhu, CEO at Integral, commented, “This expansion is a deepening of our longstanding relationship with StoneX, which spans over 15 years, and reflects the trust that global institutions place in our solutions.”
As StoneX enhances its operations in Singapore, the firm is poised to capitalise on rising trading volumes in Asia, offering clients improved speed and access to liquidity. This strategic move underscores the importance of localised infrastructure in meeting the demands of Asia’s dynamic financial markets.
