“We are excited about the new office in Singapore. It is a very important financial center and we want to ensure that we are available for face-to-face meetings with our customers and partners.
Tools for Brokers has announced the opening of an office in Singapore to support the fintech company’s already strong presence in Asia Pacific and its continued expansion in the region.
The MT4/MT5 Liquidity Bridge Solutions technology provider found Singapore to be the logical choice for the company’s new office location, being one of the largest business hubs in APAC.
Sergei Gruzin leads the APAC operation
As part of the planned physical presence in Singapore, Tools for Brokers promoted Sergei Gruzin to Asia Business Development Manager at the end of July 2022.
Sergei originally joined the company in 2017. In his new role, he will be responsible for identifying and developing new business opportunities, as well as expanding the company’s presence in the APAC region.
The expansion responds to current customer requirements and underpins TFB’s strategy to develop its infrastructure and extend the availability of its product suite in accordance with local regulations.
Sergei Gruzin, Asia Business Development Manager, said: “We are delighted with the new office in Singapore. It is a very important financial center and we want to ensure that we are available for face-to-face meetings with our customers and partners. We believe the new office will help us provide superior service to our local customers and help us grow and achieve our goals. We are very excited about this new chapter for TFB, and we hope to see all our partners again soon”.
Tools for brokers best known for its MT4/MT5 liquidity bridge
The Singapore office will serve existing and potential clients, who will be offered the company’s flagship product “Trade Processor”, among other solutions.
Trade Processor combines a liquidity bridge and a market making order pool to provide the functionality needed to manage an entire brokerage business. Brokers can use the product to improve liquidity management while trading forex and cryptocurrencies. It offers connectivity with multiple liquidity providers and options for multiple sessions with a single provider, as well as three levels of access for system users and managers.
The system includes a set of rules that allow brokers to transfer orders and symbols between А-book and B-book according to the needs of certain traders. In addition, they reduce or stop their volumes sent to certain liquidity providers and mutually close their opposing positions.