Tradition Partners With Affin Moneybrokers for Market Data

Tradition Partners With Affin Moneybrokers for Market Data

Tradition has announced a new partnership with Affin Moneybrokers Sdn. Bhd., a major Malaysian interbank money broker, as the firms look to strengthen market data infrastructure and pricing capabilities across Malaysia’s wholesale financial markets.

Under the partnership, Tradition will provide market data infrastructure, pricing technology and distribution services to support Affin Moneybrokers’ expanding operations. The collaboration will cover the creation, management and publication of market data across foreign exchange, money markets, interest rates and fixed income products.

Affin Moneybrokers, part of the Affin Group, operates across Malaysia’s interbank FX, OTC derivatives, fixed income and money markets. As an intermediary between financial institutions, the brokerage contributes to price transparency and market efficiency by facilitating transactions and connecting market participants.

Tradition Partners With Affin Moneybrokers for Market Data

For Tradition, the partnership expands its involvement in Malaysia’s financial market infrastructure while allowing Affin Moneybrokers to leverage established technology for handling and distributing pricing information. The systems are intended to improve how market data is collected, managed and made available to both domestic and international participants.

The development comes as demand for reliable, locally sourced market data continues to increase across Asian financial markets. Accurate pricing information is particularly important in less centralized OTC markets, where participants rely on broker-dealer networks and institutional pricing sources to assess liquidity and execute trades.

For FX and rates participants, stronger data infrastructure can have practical implications beyond transparency. More consistent pricing and improved distribution can support better market monitoring, valuation, execution analysis and risk management, particularly for institutions trading Malaysian instruments alongside global markets.

The partnership also reflects the growing importance of technology in regional wholesale markets. Combining Affin Moneybrokers’ knowledge of Malaysia’s institutional market with Tradition’s data engineering, pricing and distribution capabilities could help make Malaysian market information more accessible to international participants.

As Malaysia continues to develop its financial markets, the availability of dependable local pricing and market data will remain an important factor in supporting deeper participation and more efficient trading across the region.

Also, stay updated with the Latest Broker News.

Leave a comment