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SGX FX, the FX arm of the Singapore Exchange, has announced the appointment of Hugh Whelan, previously head of CME Group owned EBS Direct, as their new head of liquidity management and data strategy.

Based in London, Hugh Whelan will be responsible for driving the strategic direction and growth of the liquidity provider client segment, as well as the development of data products within the SGX FX business. His role will include building relationships with key sell-side clients, identifying new business opportunities, and enhancing platform capabilities to meet the needs of the liquidity provider community.

Hugh Whelan brings extensive experience in FX markets, having successfully led the launch and strategic evolution of EBS Direct into a new bilateral FX trading venue, now owned by CME Group. His track record includes driving commercial success, expanding client acquisition, and fostering product innovation across multiple FX platforms.

Jean Philippe Male SGX FXJean-Philippe Malé, president at SGX FX, said,

“We are beyond excited to welcome Hugh to our team. His vision and expertise in building strategic partnerships with liquidity providers and technology service vendors worldwide will be instrumental in this next chapter of our growth. With his proven track-record in FX markets, Hugh is uniquely positioned to lead our efforts in enhancing our platform and expanding the SGX FX franchise globally.”

Hugh Whelan, head of liquidity management and data strategy at SGX FX, added:

“I am thrilled to join SGX FX at such an exciting time in the company’s growth. I look forward to collaborating with the team to enhance our platform offerings and ensure we maintain a competitive edge in a fast-evolving market.”

About SGX FX

SGX FX offers a gateway to the global FX ecosystem, anchored by the world’s most liquid Asian FX futures exchange together with cutting‐edge FX technology and workflow solutions from BidFX and MaxxTrader. SGX CurrencyNode, an FX electronic communication network, connects global participants anonymously to unique and deep OTC FX liquidity pools.

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