Finalto commits to intensify Asia operations for sustainable growth

abdelaziz Fathi

Despite a backdrop of global crises and uncertainty, Finalto Asia is going from strength to strength with a unique product suite and focus on local requirements.

Alex Yap, Head of Institutional Sales (Asia), underscored that Finalto is committed to innovation. With the expansion of its technology team from Copenhagen to Singapore, the company will do more to expand its footprint in the region.

Commenting on the future plans for the company and what to expect moving forward, Alex said Finalto is uniquely placed in Asia thanks to a number of recent moves. That reflects the company’s expansive ambitions and focus on local Asian markets as a growth lever.

More specifically, Yap highlights the demand growth for low-latency electronic and algorithmic trading in Asia. “However, the physical distance from data centres in London and New York to Asia is one of the main challenges. He went on to say that “the growth of data centres in Singapore will be a great leap forward for the region. As such, Finalto aims to offer liquidity and trading services from its SG3 stack in 2023 to meet the growing demand,” he added.

On the macro side, Yap explains that the global economy continues to suffer from accelerating inflation, which forced central banks to scramble to contain runaway prices through steep interest-rate hikes. However, the high interest rate environment will undeniably lead to worsening conditions that threatens a prolonged period of stagflation.

Yap remarked that he expects this scenario to “put pressure on economic growth globally, and not just in the liquidity sector. The resultant risk of stagflation remains if a recession kicks in before inflation can retreat to a safe level too.” In any case, Finalto remains confident in delivering a high-quality service and more exciting developments as the year progresses, he added.

Product offerings are central to delivering for clients and Finalto is working to create the right kind of offering that caters specifically to Asian clients. Since it opened the Finalto office in 2019, the company has been building its presence in the region to provide the best service to clients.

Asia remains a key growth region for Finalto Group, and the company understands that a one-size-fits-all approach won’t work in the region as the markets are highly differentiated. As such, the company is expanding its team in Finalto Asia and Finalto Australia, which will strengthen its support for clients from Sydney through to Tokyo, as well as Singapore and London.

“The year of the rabbit could coincidently be a jumpy one for Asian markets, but Finalto is resolute in its investment in the area. The company has assembled a team of developers and integration engineers in its Singapore office to drive technology innovation and development that will work in tandem with the larger R&D and technology team in Copenhagen, Denmark,” Yap explains.

Finalto expanded its offering to better accommodate the market needs in Australia, Singapore, China, Hong Kong, UAE and Turkey. The expansion allows clients to hedge gold positions quoted in different weight units and local currencies. The company delivers a broad range of gold contracts tailored to local market conditions with exceptional liquidity and bespoke pricing.

“Finalto is offering gold liquidity in grams against USD and CNH and taels against HKD in Hong Kong. The company is exploring other avenues for price discovery, including the physical trading space, which will complete its puzzle for providing reliable pricing and margin facilities,” Yap concludes.

  • Read this next

    Industry News

    ‘WTF’ as in ‘What The Fraud?’, Sumsub’s new podcast on digital fraud

    “We found a lack of informative podcasts talking about digital fraud threats and prevention for business owners. So, we decided to dive in and share our expertise along with industry top minds in the ‘What The Fraud?’ podcast.”

    Digital Assets

    Coin Metrics integrates market data from Cboe Digital

    “We are pleased to work with Coin Metrics and believe that having quality and timely data, and systems to analyze that data, will help crypto markets mature as well as evolve to become a core component of a diversified investment portfolio. We are focused on providing access and solutions to the spot and derivatives crypto market in a way which mirrors an investor’s experience with traditional markets.”


    AU10TIX launches KYB solution to address regulatory requirements

    “Our customers have been requesting a comprehensive KYB solution, because money laundering and fraud have become far too prevalent in the corporate world. Our unified KYB/KYC solution is essential for identifying bad actors and maintaining a safe business environment in 2024.”

    Digital Assets

    Japan Is Rapidly Emerging As A Global Leader In Compliant Crypto Payments

    Japan is often hailed as one of the most forward-thinking nations in the crypto industry, with its government taking a very positive stance on the potential of concepts such as Web3. 

    Digital Assets

    Kraken launches institutional arm

    “If you already work with Kraken, you know how much we care about offering high quality products and a client-first experience. We’ve been the leading crypto exchange for more than a decade and through Kraken Institutional, we’ll offer the same deep expertise and cutting-edge technology to propel trading excellence for institutions.”


    Centroid integrates with brokerage solutions provider GTN

    “We are thrilled to integrate GTN into Centroid Bridge, our multi-asset connectivity bridging engine. This integration allows our clients to gain access to the wide range of multi-asset products offered by GTN.”

    Podcasts, Women of the Industry

    FF Podcast delves into the rise of prop trading as Brokeree releases Prop Pulse

    In the latest FinanceFeeds Podcast, Tatiana Pilipenko discusses Prop Pulse, Brokeree Solutions’ platform for prop firms and retail brokers aiming to delve into prop trading. Offering a flat fee structure, Prop Pulse emerges as a scalable solution in an era where successful traders increasingly prefer prop firms over traditional retail brokers.

    Inside View

    Scalping or day trading?

    Among the many popular trading styles with both beginners and experienced traders are scalping, which allows you to extract small portions of profit from each price movement, and day trading, which aims to trade over a single day. In this article, you will learn what scalping and day trading are and their differences and peculiarities. Ultimately, you will learn what to look for to understand which trading style is right for you.

    Crypto Insider

    Unveiling Plasma Next: INTMAX’s Solution to Scale Ethereum with Stateless Layer

     INTMAX has launched Plasma Next on the mainnet α, a groundbreaking Layer 2 zkRollup, revealed by co-founder Leona Hioki at ETH Denver. This innovation offers scalability with constant costs per block, merging Plasma’s scalability goals with zkRollups’ security.