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Screenshot of a breaking news alert e-mail from Q2 2017
Singapore Exchange Limited (SGX:S68) today announced that Hong Kong-based futures and options broker Wing Fung Futures Limited has become its latest derivatives market trading member.
The admission of Wing Fung Futures Limited takes the total number of trading members in SGX’s derivatives market to 49. The derivatives market also has 24 clearing members. Also, SGX AsiaClear has 11 Clearing Members for OTC-traded financial derivatives. In the securities market, there are 26 Trading Members and 25 Clearing Members.
Michael Syn, Head of Derivatives at SGX, says,
“We are delighted to welcome Wing Fung Futures to our growing community of members as we continue to grow the liquidity and global network within our derivatives market.”
Tony Lui, Director of Wing Fung Financial Group, says,
“We are pleased and honoured to be admitted as a derivatives trading member of SGX. SGX plays a key role in the development of the derivatives markets both globally and within Asia, and we look forward to a continued partnership that will help to grow and better serve our customers in Hong Kong and China.”
You can view the full announcement from SGX by clicking here.