Singapore Exchange to acquire the remaining 80% stake in BidFX for $128m.

Singapore Exchange, an international multi-asset exchange and FX derivatives marketplace, agreed to acquire the remaining 80% stake in BidFX, a cloud-based FX trading platform for institutional investors, for $128m. "With BidFX as part of the SGX Group, we can now serve a wider FX community with more comprehensive solutions and enhanced distribution capabilities, while bringing together the two growing and mutually-reinforcing pools of liquidity," Loh Boon Chye, SGX CEO.