SGX FX Hires Finalto Exec Charlotte Garrett as Liquidity Manager

Why It Matters

The hire deepens SGX FX’s liquidity capabilities in Europe, positioning the Singapore Exchange to compete more aggressively in the institutional FX market. It also signals a broader push to integrate Asian and Western currency trading services.

Key Takeaways

• SGX FX adds Charlotte Garrett as London Liquidity Manager
• Garrett previously led operations at Finalto since 2024
• Hire follows 2024 appointment of Hugh Whelan for UK strategy
• Expands SGX FX's European presence and data services
• Enhances SGX FX's institutional FX liquidity offering

Pulse Analysis

SGX FX, the foreign‑exchange arm of the Singapore Exchange, has been accelerating its footprint in Europe, and the latest appointment underscores that ambition. London remains the world’s deepest FX market, offering unparalleled access to banks, asset managers and hedge funds. By bolstering its UK team, SGX FX aims to capture a larger share of institutional liquidity flows and to feed its data‑analytics platform with real‑time pricing. The move follows the 2024 hiring of former CME/EBS executive Hugh Whelan, who now oversees the firm’s liquidity and data strategy from the London office.

Charlotte Garrett arrives with a proven track record in institutional liquidity services. At Finalto she managed operations for high‑frequency trading desks, and earlier stints at TD Securities and consulting firm Delta Capita gave her deep exposure to risk controls and technology integration. In her new role as Liquidity Manager, Garrett will be responsible for sourcing and optimizing price streams, overseeing counter‑party relationships, and ensuring compliance with European market‑structure rules. Her operational expertise is expected to tighten spreads, improve execution quality, and support SGX FX’s push to offer turnkey FX solutions to global corporates.

The hiring signals heightened competition among global FX venues seeking to lure liquidity from traditional banks. As Asian exchanges like SGX diversify beyond equities, they bring sophisticated data services that can challenge legacy platforms on cost and transparency. Clients may benefit from tighter pricing, richer market‑depth analytics, and a single gateway for both Asian and European currency pairs. If SGX FX can translate Garrett’s operational upgrades into measurable execution improvements, the firm could accelerate its transition from a regional player to a truly multinational FX liquidity provider.