Financial and Business News

Mizuho Brings $2 Trillion Banking Power to SGX Forex Trading Platform

Tuesday, 01/07/2025 | 08:47 GMT by Damian Chmiel
  • Japan's second-largest bank has joined Singapore Exchange's foreign exchange platform by streaming its prices starting in June 2025.
  • The partnership aims to boost liquidity and market access for traders while expanding both companies' global FX operations.
SGX

Mizuho Bank has joined Singapore Exchange's foreign exchange trading platform, adding another major financial institution to the SGX FX ecosystem as the platform expands its global reach.

Mizuho Bank Partners with SGX FX Trading Platform

The Japanese bank started streaming its prices on SGX FX in June 2025, bringing its pricing capabilities to the Singapore-based platform's network of traders and financial institutions worldwide.

The collaboration gives SGX FX access to Mizuho's pricing data while providing the Japanese bank's clients with another avenue to access foreign exchange markets. Both companies say the partnership will boost liquidity and transparency for traders using the platform.

Takumi Okubo, Deputy General Manager for EFX Sales at Mizuho Bank
Takumi Okubo, Deputy General Manager for EFX Sales at Mizuho Bank

“We are excited to join forces with SGX FX and further penetrate FX global markets,” said Takumi Okubo, Deputy General Manager for EFX Sales at Mizuho Bank. “By streaming our prices on SGX FX, we aim to offer our clients enhanced service and unprecedented access to real-time market data.”

For the SGX it marks another cooperation in the last month, after the operator partnered with Brazil's B3 stock exchange to launch Brazilian Real futures contracts, creating the first Forex (FX) trading corridor between Singapore and Brazil.

Related: Singapore Exchange Eyes Crypto Derivatives Market With Planned Bitcoin Futures Contracts

“We Can Elevate the FX Trading Experience”

Mizuho Bank ranks as Japan's second-largest bank by assets and operates across 36 countries with more than 850 offices globally. The bank's parent company, Mizuho Financial Group, holds approximately $2 trillion in total assets, making it the world's 17th largest bank according to S&P Global's 2024 rankings.

Jean-Philippe Malé, CEO of SGX F
Jean-Philippe Malé, CEO of SGX F

SGX FX operates as the foreign exchange arm of Singapore Exchange, one of Asia's major financial market operators. The platform connects banks, institutional investors, and other market participants for currency trading.

Jean-Philippe Malé, CEO of SGX FX, welcomed the addition of Mizuho to the platform. “Partnering with Mizuho Bank aligns perfectly with our mission to deliver exceptional market access,” Malé said. “Together, we can elevate the FX trading experience and foster greater market participation.”

Both companies indicated they plan to explore additional opportunities for collaboration beyond the current price-streaming arrangement, though they provided no specific details about future initiatives.

Mizuho Bank has joined Singapore Exchange's foreign exchange trading platform, adding another major financial institution to the SGX FX ecosystem as the platform expands its global reach.

Mizuho Bank Partners with SGX FX Trading Platform

The Japanese bank started streaming its prices on SGX FX in June 2025, bringing its pricing capabilities to the Singapore-based platform's network of traders and financial institutions worldwide.

The collaboration gives SGX FX access to Mizuho's pricing data while providing the Japanese bank's clients with another avenue to access foreign exchange markets. Both companies say the partnership will boost liquidity and transparency for traders using the platform.

Takumi Okubo, Deputy General Manager for EFX Sales at Mizuho Bank
Takumi Okubo, Deputy General Manager for EFX Sales at Mizuho Bank

“We are excited to join forces with SGX FX and further penetrate FX global markets,” said Takumi Okubo, Deputy General Manager for EFX Sales at Mizuho Bank. “By streaming our prices on SGX FX, we aim to offer our clients enhanced service and unprecedented access to real-time market data.”

For the SGX it marks another cooperation in the last month, after the operator partnered with Brazil's B3 stock exchange to launch Brazilian Real futures contracts, creating the first Forex (FX) trading corridor between Singapore and Brazil.

Related: Singapore Exchange Eyes Crypto Derivatives Market With Planned Bitcoin Futures Contracts

“We Can Elevate the FX Trading Experience”

Mizuho Bank ranks as Japan's second-largest bank by assets and operates across 36 countries with more than 850 offices globally. The bank's parent company, Mizuho Financial Group, holds approximately $2 trillion in total assets, making it the world's 17th largest bank according to S&P Global's 2024 rankings.

Jean-Philippe Malé, CEO of SGX F
Jean-Philippe Malé, CEO of SGX F

SGX FX operates as the foreign exchange arm of Singapore Exchange, one of Asia's major financial market operators. The platform connects banks, institutional investors, and other market participants for currency trading.

Jean-Philippe Malé, CEO of SGX FX, welcomed the addition of Mizuho to the platform. “Partnering with Mizuho Bank aligns perfectly with our mission to deliver exceptional market access,” Malé said. “Together, we can elevate the FX trading experience and foster greater market participation.”

Both companies indicated they plan to explore additional opportunities for collaboration beyond the current price-streaming arrangement, though they provided no specific details about future initiatives.

About the Author: Damian Chmiel
Damian Chmiel
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Damian's adventure with financial markets began at the Cracow University of Economics, where he obtained his MA in finance and accounting. Starting from the retail trader perspective, he collaborated with brokerage houses and financial portals in Poland as an independent editor and content manager. His adventure with Finance Magnates began in 2016, where he is working as a business intelligence analyst.

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