R5 Garners Live Trading Authorization from MAS

[kreslik.news]

R5, an emergent marketplace for local market FX trading, has announced the initiation of live trading in Singapore, after it garnered authorization from the Monetary Authority of Singapore (MAS), expanding the group’s reach in the Asia-Pacific (APAC) region, according to an R5 statement.

R5 is a London-based FinTech start-up that underwent beta testing in Q4 2015, which has since permeated a number of emerging and regional markets, with a main inclusion being the Latin American (LATAM) space. R5 has also been a staunch advocate for a shift away from voice trading to a more transparent and efficient screen-based ... (read more)