StoneX Group has extended its partnership with currency technology firm Integral to set up a local connection at the Equinix SG1 data center in Singapore.

The link lets the Nasdaq-listed broker reach FX and precious metals liquidity hosted in the facility, the companies said.

StoneX Extends Integral Partnership to Singapore's SG1 Data Center

StoneX already runs on Integral's infrastructure at Equinix's New York and London sites. Adding Singapore gives it a regional point of presence and, the firms said, strips out the delay that comes with routing Asian order flow through servers in other regions.

Gerard Melia, Global Head of FX Sales at StoneX, commented the firm is sharpening its ability to serve clients "in a region where speed and access to liquidity are critical."

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Integral said the local deployment would improve access to liquidity Liquidity The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent The term liquidity refers to the process, speed, and ease of which a given asset or security can be converted into cash. Notably, liquidity surmises a retention in market price, with the most liquid assets representing cash.The most liquid asset of all is cash itself.· In economics, liquidity is defined by how efficiently and quickly an asset can be converted into usable cash without materially affecting its market price. · Nothing is more liquid than cash, while other assets represent Read this Term in foreign exchange and precious metals while cutting latency and lifting trading efficiency for clients across Asia.

Neither company put numbers to those claims, and StoneX did not say how much latency it expects to save or how much volume it plans to move through Singapore.

Integral Builds Out Singapore as Asian Demand Climbs

The deal lands on top of Integral's own buildout in the city. In January, the firm tripled the size of its presence at Equinix SG1 after transaction volumes climbed, and it now says it processes more than one million tickets a day at the site.

Singapore ranks among the largest FX trading centers in the world, behind only London and New York.

That status has pulled banks, brokers and technology vendors into a race to place servers close to where regional prices are formed, shaving milliseconds off execution and keeping firms from trading on stale quotes.

Harpal Sandhu, CEO of Integral, called the deal a deepening of "our longstanding relationship with StoneX, which spans over 15 years."

For Integral, founded in 1993 and based in Palo Alto, the StoneX extension is a way to fill the extra SG1 capacity it just added.

The company sells cloud Cloud The cloud or cloud computing helps provides data and applications that can be accessed from nearly any location in the world so long as a stable Internet connection exists. Categorized into three cloud services, cloud computing is segmented into Software as a Service (SaaS), Infrastructure as a Service (IaaS), and Platform as a Service (PaaS). In terms of trading, the versatility of the cloud service allows retail traders the ability to test out new trading strategies, backtest pre-existing conc The cloud or cloud computing helps provides data and applications that can be accessed from nearly any location in the world so long as a stable Internet connection exists. Categorized into three cloud services, cloud computing is segmented into Software as a Service (SaaS), Infrastructure as a Service (IaaS), and Platform as a Service (PaaS). In terms of trading, the versatility of the cloud service allows retail traders the ability to test out new trading strategies, backtest pre-existing conc Read this Term-based FX workflow tools to banks, brokers and payment firms, competing with the likes of oneZero and smartTrade for institutional connectivity business.

Brokers Line Up Behind the SG1 Facility

StoneX is not the first to push Asian business through Integral's Singapore footprint. In November, Phillip Securities tapped Integral to move into institutional FX, using the vendor's pricing and distribution systems to handle contract-for-difference trades.

Before that, Singapore's Straits Financial extended its Integral deal to SG1 to handle gold and other precious metals, the same asset class StoneX is now targeting in the region.

Rival vendors have made comparable moves to sit close to regional liquidity. oneZero, one of Integral's main competitors, set up at Equinix's LD4 site in London to cut latency for European and Middle Eastern clients, the standard route to getting trading servers next to the dealers that quote prices.

StoneX Pushes Further Into Asia and New Products

The Singapore link fits a wider expansion at StoneX, which has been adding licenses, offices and product lines.

In January, its digital assets arm picked up a crypto license under the EU's MiCA regime through the Central Bank of Ireland, and the group has opened offices in India and agreed to buy U.S. futures broker R.J. O'Brien.

The firm, which also owns retail brands Forex.com and City Index, has seen FX and CFD volumes keep rising even as revenue per million traded has slipped. Precious metals, the second asset class named in the Singapore deal, has been a growth area for the group across Asia.

The companies did not say when the Singapore connection would go live or whether further regions were planned.