Back Office & Operations

UBS rolls out client order system in Singapore


UBS’s internal crossing network in Singapore is now automatically available to all its equities buy-side clients sending an order.

The UBS Price Improvement Network (PIN), which has been available for many years in the US, Europe, Hong Kong, Japan and Australia, enables client orders to anonymously match with the liquidity of other UBS clients while their orders are being routed to the market. No new technological connections or relationship agreements are required for existing clients to connect to the platform.

Yang Xia, Head of direct execution in APAC, says PIN offers seamless crossing opportunities with complete confidentiality since