Asian markets such as Hong Trading and Singapore are cementing their positions as global financial hubs by snagging business away from larger peers, an trading observer said Thursday. This comes as the City of London 's reputation as a financial center has taken a beating post-Brexit. Often regarded as the global capital of foreign exchange trading, London's global share of forex trading has slipped considerably in the past three years. Data from the Bank for International Settlement BIS revealed that the global market share of foreign exchange trading conducted in the U. BIS also reported that even though the Singapore. When combined, Tokyo, Hong Kong and Singapore accounted singapore 21 percent of intermediation, up from 15 percent three years ago. Achkar also acknowledged that competition among the Asian cities was stiff. Tokyo is already recognized as an singapore hub forex trading currencies. However, he said that the active adoption of new technologies, including fintech, singapore favorable regulatory frameworks have made Singapore and Hong Kong serious competitors. According to BIS data on foreign exchange singapore, Singapore pipped Japan to the title of Asia's largest foreign exchange center for the first time inplacing it only behind the U. Hong Trading overtook Japan as the fourth-largest forex center in singapore world in Forex now, Achkar noted that Brexit has resulted in a period of uncertainty for U. Follow CNBC International on Twitter and Facebook. Asia Europe Stocks Commodities Currencies Bonds Funds ETFs Investing Trading Nation Trader Talk Financial Advisors Personal Finance Etf Street Portfolio Watchlist Stock Screener Fund Screener Tech Mobile Social Media Enterprise Gaming Cybersecurity Tech Guide Make It Entrepreneurs Leadership Careers Money Specials Shows Video Top Video Latest Video U. Video Asia Video Europe Video CEO Trading Analyst Interviews Full Episodes Shows Watch Live CNBC U. Business Day CNBC U. Primetime CNBC Asia-Pacific CNBC Europe CNBC World Full Episodes. Log In Register Log Out News Economy Finance Health Care Real Estate Wealth Autos Consumer Earnings Energy Life Media Politics Retail Commentary Special Singapore Asia Europe Forex Council. Asia Europe Stocks Commodities Currencies Trading Funds Forex. Make It Entrepreneurs Leadership Careers Money Specials Shows Investing Trading Nation Trader Talk Financial Advisors Personal Finance Etf Street Portfolio Watchlist Stock Screener Forex Screener. Tech Mobile Social Media Enterprise Gaming Cybersecurity Tech Guide Video Top Video Latest Video U. Video Asia Video Europe Video CEO Interviews Analyst Interviews Full Episodes. Primetime CNBC Asia-Pacific CNBC Europe CNBC World Forex Reports Top States Paris Airshow Dalian - World Economic Forum Trailblazers Trading the World CNBC Disruptor 50 Lasting Legacy Modern Medicine College Game Plan Investing in: Israel Tech Drivers The Brave Ones Trading Nation Shaping the future Future Opportunities. Register Log In Profile Email Preferences PRO Sign Out. Asian financial centers want in on London's forex trading throne Cheang Ming cheangming. Oli Scarff Getty Images. Forex Ming News Assistant. To view this site, you need to have JavaScript enabled in your browser, and either the Flash Plugin or an HTML5-Video enabled browser. Download the latest Flash player and try again. YOUR BROWSER IS NOT SUPPORTED. Please upgrade to watch video. The requested trading is unable to play. The video does not exist in the system. Please disable trading ad blocker on CNBC and reload the page to start the video.
Motivational speaker Singapore and award-winning Forex trader speaking at ShowFX Conference
Motivational speaker Singapore and award-winning Forex trader speaking at ShowFX Conference
He wasequally anxious that Muslims should adopt the same standards of truth aswere observed by himself.
By 1692 the Caminos Reales (Royal Roads), a network of arterial highways.
Only one claim is permitted, following a set form that refers to the drawing(s).
The position titles, grade levels, and organizational functions that will be directly impacted by the RIF.