Stampede Financials, Singapore based wholly owned subsidiary of Stampede Capital has become official 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), USD/THB (Thal Ghat), USD/CNH (Chinese offshore currency), USD/INR and Nifty. The company’s liquidity volumes crossed One Billion USD for the month of December 2014 from single product of USD/INR in Singapore Exchange (SGX).
Stampede Financials will act as liquidity provider and electronic market maker across the globe for the global exchanges. Stampede Financials core expertise is Electronic Market Making, the proprietary algorithm based on Bayesian conditional probabilities.