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As demand for NDFs, forwards and precious metals trading accelerates across Asia, SGX-Derivatives Trading and Clearing Member Bright Point International Financial (SG) Pte Ltd (BPI) has upgraded its technology stack with Integral to strengthen its foreign exchange (FX) and precious metals operations.
BPI, a subsidiary of BPI Financial Group Limited, has implemented Integral’s Price Engine, Distribution, Liquidity Aggregation and Trading products as part of a broader push to scale its FX franchise. Integral’s ultra-low latency Price Engine connects to a wide range of bank and non-bank liquidity providers, delivering real-time prices across spot, non-deliverable forwards (NDFs) and outright forwards – two product segments seeing particularly strong growth in Asia. The scalability and agility of the platform will support BPI in handling higher volumes and facilitating trading for a broader range of institutional clients.
For precious metals, Integral’s Price Engine also enables seamless conversion from prices quoted per troy ounce into grams and kilograms, which are more commonly used measurements across Asian markets. This functionality allows BPI to better serve clients who are looking to capitalise on the ongoing boom in precious metals trading while managing risk and pricing in familiar units.
The implementation further allows BPI users to create synthetic cross rates in both FX and precious metals, extending beyond US dollar pairs. This directly addresses mounting client demand for cross-currency exposures that involve Asian currencies such as the Singapore dollar (SGD), Hong Kong dollar (HKD) and Thai baht (THB), as market participants look for alternatives to dollar-centric trading for local and regional flows.
In addition, the enhanced synthetic cross capabilities support BPI’s strategy to diversify its client base by enabling deliverable currency flows that can be used to meet payment and settlement requirements of financial institutions in Singapore and other emerging market jurisdictions.
Raymond Mok, Managing Director at BPI, said:
“We are pleased to partner with Integral to strengthen our operations and drive business growth across multiple facets. The platform’s robust capabilities and seamless integration enhance our efficiency and client servicing. Its strong connectivity and scalability enable us to respond swiftly to market changes and serve our clients more effectively in the dynamic FX markets.”
Harpal Sandhu, CEO of Integral, commented:
“By partnering with Integral, BPI is not only transforming its core trading operations, but upgrading the client experience as well. Now powered by optimized trading workflows, the broker can strengthen its regional presence as a specialist in currency and precious metals markets.”
By combining BPI’s regional trading expertise and exchange memberships with Integral’s multi-asset technology stack, the partnership is designed to position BPI as a more flexible, client-focused liquidity provider in FX and precious metals across Asia.
Bright Point International Financial (SG) Pte Ltd (BPI) is a subsidiary of BPI Financial Group Limited and an SGX-Derivatives Trading and Clearing Member of the Singapore Exchange. BPI provides institutional clients with access to a range of FX and derivatives products, leveraging its regional presence and connectivity to key Asian markets.
Integral is a leading currency technology provider to financial markets, delivering cloud-based solutions for banks, brokers and other institutional market participants. Its platform spans pricing, distribution, risk management and trading tools, giving clients the flexibility to build and scale bespoke FX and precious metals offerings.
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