TradAir, a provider of foreign exchange (FX) front office HTML5 trading optimization solutions and services, has expanded its operations to Singapore, culminating in the opening of a new office, according to a TradAir statement.
The new office in Singapore aims to tap into one of the largest FX nexuses in the world, behind London and New York. Indeed, FX volumes have steadfastly approached upwards of $380 billion on a daily basis, highlighting the significance of the location.
In particular, TradAir will deploy its servers in Singapore with the aim of supporting a growing list of clients in the region.
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According to Ayal Jedeikin, Co-Founder and Chief Operating Officer (COO) of TradAir in a recent statement on the expansion: “TradAir provides a high performance, always available global eFX web trading platform, hosted in the cloud using Amazon Web Services (AWS). By deploying servers locally in Singapore, we are greatly improving the quality, robustness and competitiveness of our service, and the quality of FX liquidity that our clients in the region can offer to their customers.”
“It’s strategically important to TradAir that we provide superior customer support to our growing list of clients. We are committed to the region and are excited for the new year of growth,” added Rob Wing, Head of Sales at TradAir, in an accompanying statement.
Late last month, TradAir made headlines after it brought in Paul Blank as its Vice President of Marketing, as reported by Finance Magnates. He joined the group after serving as the Director of e-Trading Solutions and Partner Manager at Caplin Systems, having held the position for nearly eight years up until this past June.