The Singapore dollar is the official currency of Singapore. The currency is also used in Brunei due to the agreement between the Singapore government and the Brunei government to maintain the exchangeability of their two currencies. It is subdivided into 100 cents and is denoted by S$. The Singapore dollar has a currency code of SGD and is regulated by the Monetary Authority of Singapore. The Singapore dollar was originally issued in 1965 following the breakdown of a monetary union with Malaysia. It is estimated that a total volume of US$33 billion is traded daily on the foreign exchange market.
The Singapore dollar (SGD) maintains a free floating currency exchange rate that is allowed to fluctuate within an undisclosed policy band which is monitored by the Monetary Authority of Singapore (MAS). The currency has banknotes of S$2, S$5, S$10, S$50, S$100, S$500 and S$1000 denominations in circulation. Each bill features artworks of the first President of Singapore, Yusof bin Ishak on one side and illustrations of civic virtue on the other. Singapore's economy is viewed as one of the most competitive economies of the world that primarily relies on the export of consumer electronics, information technology products, pharmaceuticals and financial services.
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LICENCES AND AUTHORISATIONS
TTCM Traders Capital Limited (herein "TTCM BM")is a limited liability Company, incorporated in Bermuda under section 14 and 6/132C(1) of the Companies Act 1981 and registered with the Registrar of Companies under Company number 54135, with registered address 5th Floor, Andrew’s Place, 51 Church Street, Hamilton HM 12, Bermuda
TTCM Traders Trust Capital Markets Limited (herein "TTCM CY")is a Cyprus Investment Firm incorporated under the laws of Cyprus, has its principal place of business at 56 Theodorou Potamianou Aphrodite Court, 4th Floor, 4155, Limassol Cyprus and is registered with the Registrar of Companies in Nicosia under the number: HE 250591. TTCM Traders Trust Capital Markets Limited is regulated as a Cyprus Investment Firm (‘CIF’) by the Cyprus Securities and Exchange Commission (‘CySEC’) under the license number 107/09 and operates in accordance with the Markets in Financial Instruments Directive II (‘MiFID II’) of the European Union.
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