Documente Academic
Documente Profesional
Documente Cultură
@3 STAIUIPEDE
,$sE*
The Manager
Listing Department
BSE Limited
PJ Towers, Dalal Street
Mumbai
Dear Sir,
Sub: Critical Business update - Stampede bridging the global Currenex flows
through DGCX
Stampede Financials Pte. Ltd. ('Stampede') Wholly owned subsidiary of Stampede Capital Limited is
currently implementing a project in the name of "Project SHINE" which will bring G7 currencies
to
Exchange ('DGCX').
'Statestreet'
is
the second oldest Bank in USA which owns the Currenex platform.
FX
Stampede will take the Currenex FX liquidity on its Low latency network and with its proprietary
yield curve pricing engine, will quote prices on DGCX platform. This will bring in huge liquidity to
Middle East markets through a regulated exchange.
"We are expecting to go Live by end of the third quarter, lt will be a great business opportunity for
Stampede even if we capture 05% of Average Daily Volumes of Currenex initially. We are
confident that 'Project Shine' will contribute strong to the Stampede bottom line in the coming
yea rs".
About Stampede Financial Pte Limited, Singapore:
Stampede Financials will act as liquidity provider and electronic market maker across the globe for
the global exchanges. Stampede Financials core expertise is Electronic Market Making, the
proprietary algorithm based on Bayesian conditional probabilities. Stampede Financials will act as
maker and taker by aggregating the liquidity flows from Global Banks and price the flows in
exchanges using yield curve / volatility surfaces.
This is for your information and update.
Thanking you,
Yours truly,
For Stampede Capital Limited
D.Emmanuel
Executive Director
info@stompedecop.com