oneZero Financial Systems has expanded its market footprint in the Asia-Pacific (APAC) region with the opening of a new Singapore office. The office will be headed by Sam Tjioe, an industry veteran who joins the group from Currenex, Finance Magnates has learned.
oneZero has already had a very active 2017. This included a series of feature updates to its flagship product, the Liquidity Hub, a software tool catering to retail brokers and prime of prime brokers. Last month, the group saw an expansion into multi-asset support for the product, providing the first of its kind cross-market trading capabilities for brokerages that currently rely on oneZero for FX/CFD and OTC instrument routing.
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While oneZero’s technology suite has been at the forefront of many developments in 2017, it is the group’s expansion into APAC that looks to be one of its biggest assets to date. The choice by oneZero to target Singapore as a base for growing in this key region highlights the organization’s commitment to the institutional OTC brokerage space, in addition to itsi success in the retail market. The new oneZero office in Singapore constitutes a fully-fledged entity and is led by Sam Tjioe.
Mr. Tjioe commented on the new role: “I am very excited to be joining the team at oneZero and to be building out this important new geographical location. The quality of oneZero’s products and employees carries a very strong reputation in the AsiaPac region already, and by building out a physical presence we are demonstrating to our current and futures clients that we are committed to this business and are here to stay.”
Mr. Tjioe is well versed in the region and will be an asset and addition to oneZero’s growing market presence in Singapore and APAC. He comes over to oneZero from Currenex, and previously worked in FXAll and 360T. According to conversations between Finance Magnates and oneZero executives, Sam will be focused on targeting the growing demand for reliable, cost effective B2B liquidity distribution in AsiaPac under oneZero’s EcoSystem model.
“The commitment to AsiaPac in general is one that myself and the management team at oneZero stand behind. The foundation we build in Singapore will continue to grow to add language support and operational staff which will allow us to confidently extend oneZero’s existing client base in this important and growing region,” added Mr. Tjioe.