ING expands eFX capabilities, sets up regional trading hub in Singapore

It is investing in advanced algorithm capabilities and direct API integration.

ING is expanding its electronic foreign exchange (eFX) capabilities in Singapore and is establishing a new regional trading hub.

The Dutch-headquartered bank said that it will offer clients faster trade execution, lower latency, and improved liquidity access by integrating with the SG1 data center at Ayer Rajah, and the broader eFX ecosystem.

The bank is investing in advanced algorithm capabilities and direct API integrations across trading platforms. These are expected to equip ING clients with enhanced flexibility and control to manage FX risk, ING said in a press release on 8 September 2025

ING also plans to strengthen its commodity trading capabilities in APAC to meet rising demand for precious metals in the region.

These enhancements contribute to greater transparency and execution efficiency for its clients trading across the region, ING said.

ING noted that its move is in line with global banks and trading platforms scaling up their FX engines in Singapore to meet surging eFX demand across APAC.

“Our investments in Singapore signal a broader ambition to evolve our digital trading capabilities and deliver differentiated value to clients. We’re focused on driving smarter trading outcomes through ongoing innovation, deeper liquidity access, and robust global infrastructure,” said Obbe Kok, head of financial markets, ING APAC.