SGX FX, the currency trading arm of Singapore Exchange, widened its link to BlackRock's Aladdin investment platform, the two companies said today (Thursday). Shared clients will be able to trade through BidFX, the SGX FX execution system, from within Aladdin.Aladdin is the software many asset managers use to run portfolios, risk and orders. For SGX FX, those firms are the client base it has been building.Singapore Exchange said in August that client expansion lifted SGX FX average daily volume 33.1% year over year to $190.2 billion in the 12 months to June, while the unit's net revenue rose 12%.SGX FX has also added price makers to feed that flow. BBVA set up a distribution engine for Latin American currencies on BidFX in October 2025.London's trading industry is coming home!Singapore Exchange took full control of BidFX in 2020 and later renamed its UK entity SGX FX Systems while keeping the BidFX brand.A Wider Link to the Buy SideThe companies said the deal builds on connectivity already in place between the two platforms. According to the announcement, the deeper integration should reduce operational friction and improve access to liquidity, automation and price discovery across a range of FX products.Jean-Philippe Malé, who became chief executive of SGX FX in April 2025 after co-founding BidFX, said institutional investors increasingly want FX execution "to connect more seamlessly with the systems they use."Kamya Somasundaram, global head of Aladdin enterprise partnerships at BlackRock, said clients were asking for closer ties between their investment and execution workflows.The Aladdin deal follows two other tie-ups this year. In January, UAE broker ADSS joined SGX FX as both a market maker and a buy-side participant. A month later, SGX FX connected BidFX and MaxxTrader users to CME Group's EBS Market and FX Spot+ venues.The UK company that runs BidFX nearly tripled its operating profit to $21.9 million in the year to June 2025, according to its Companies House accounts.Banks and Vendors Already Plugged InDeutsche Bank brought its HausFX FX-as-a-service suite into Aladdin on February 9. It covers currency trades tied to cross-border securities purchases in developed, emerging and restricted markets.Adroit Trading Technologies followed on September 1. The New York-based execution management vendor, which works across fixed income, currencies and OTC derivatives, announced a multi-year Aladdin partnership.Tradeweb went in stages on the credit side. It first displayed its pricing data inside Aladdin and in December 2023 opened its AllTrade liquidity network to Aladdin users.This article was written by Damian Chmiel at www.financemagnates.com.