Refinitiv FXall secures approval of Bank Negara Malaysia as Electronic Trading Platform

Maria Nikolova

FXall will be offered in Malaysia under its approved money broker “Refinitiv Transaction Services Malaysia Sdn Bhd.”

Provider of financial markets data and infrastructure Refinitiv today announces that FXall has been approved by Bank Negara Malaysia as an Electronic Trading Platform, under the country’s new Framework for Electronic Trading Platforms. FXall will be offered in Malaysia under its approved money broker “Refinitiv Transaction Services Malaysia Sdn Bhd.”

Refinitiv FXall is a complete end-to-end workflow solution for FX trading. It offers a feature-rich multi-bank trading platform serving the full spectrum of market participants, providing unequalled access to FX market liquidity. Trading spot, forwards, swaps, NDFs, and options is only a click away. Users can seamlessly execute their trading strategies transparently and in compliance with local and global regulations.

Interbank central limit order book Refinitiv Matching has also been approved under the ETP Framework. It enables banks to trade on credit-screened USD/MYR liquidity on an anonymous basis.

Refinitiv Matching is the leading industry solution that offers real-time credit screening, enhanced price discovery, efficient execution and automatic trade capture and reporting. This market leading Central Limit Order Book offers a new level of operation for traders.

“Bank Negara’s formal approval for FXall to operate alongside Matching enables us to further assist Malaysian FX market participants to develop their e-FX trading solutions. This will lead to greater transparency and efficiency both for the banks and their customers,” said Nigel Fuller, Performance Director for FX Venues at Refinitiv.

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