Shaving Milliseconds Off Currency Trades Could Make Singapore Billions

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Shaving Milliseconds Off Currency Trades Could Make Singapore Billions – Bloomberg

Singapore is grabbing an opportunity measured in milliseconds to win a bigger slice of the world’s $5.1 trillion-a-day foreign exchange market. The Southeast Asian nation is encouraging major FX players to build systems in the country that would remove the sub-second delay caused by routing trades via Tokyo or London. 

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