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Screenshot of a breaking news alert e-mail from Q2 2017
Singapore Exchange (SGX) announced that it has today welcomed Hong Kong-based Xin Hua Securities to its derivatives market as a Trading Member.
Michael Syn, Head of Derivatives at SGX said:
We are pleased that Xin Hua Securities has joined SGX as a Derivatives Trading Member as we continue to expand our footprint in Greater China. The active participation of Xin Hua Securities and their network of clients will add to the liquidity of our growing suite of derivative products.”
Will Wu, General Manager at Xin Hua Securities added:
We are delighted and honoured to be admitted as a Derivatives Trading Member of SGX. SGX has a unique position in the derivatives markets globally and especially Asia, and we look forward to working with the exchange to deliver the best quality services to our clients.
The admission Xin Hua Securities (Hong Kong) Limited brings the total number of Trading Members in SGX’s derivatives market to 58. The derivatives market also has 23 Clearing Members.
In addition, there are 11 Clearing Members for OTC-traded financial derivatives. In the securities market, there are 27 Trading Members and 25 Clearing Members respectively.