Stampede Capital announces updates on subsidiary

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Capital Market
Last Updated : Jan 05 2015 | 11:18 PM IST

Stampede Financials becomes Designated Market Maker/ Liquidity Provider for SGX

Stampede Capital announced that its subsidiary, Stampede Financials Pte, Singapore has become the Designated Market Maker (DMM)/ Liquidity Provider (LP) for Singapore Exchange (SGX).

The Company will officially act as Designated Market Maker / Liquidity Provider in Singapore Exchange for the products like MSCI (India), USB/ THB (Thai Bhat), USD/ CHN (Chinese offshore currency), USD/ INR and Nifty.

The Company's liquidity volume crossed One billion USD for the month of December 2014 from single product USD/ INR in Singapore Exchange.

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First Published: Jan 05 2015 | 4:56 PM IST

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