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SGX’s most recent significant acquisition was MaxxTrader, a single source and direct-to-market FX trading platform, which they fully acquired for approximately US$125 million. This acquisition was announced in July 2021 and was part of SGX’s strategy to expand its reach into the FX over-the-counter (OTC) space and build an integrated FX ecosystem.
This followed their acquisition of a majority stake in BidFX in 2020, with the full acquisition completed in July 2020. Together, BidFX and MaxxTrader form a key part of SGX’s efforts to become a major player in the global foreign exchange market.
While there might be smaller, ongoing partnerships or strategic investments, these FX platform acquisitions represent the latest major moves in terms of company acquisitions for SGX that have been publicly announced.

Video courtesy of KDPW

Video courtesy of KDPW