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Screenshot of a breaking news alert e-mail from Q2 2017
The Singapore Exchange (SGX) is adding new Asian foreign exchange futures contracts on the Chinese yuan, Japanese yen and Thai baht, to further augment its successful suite of forex offerings.
The new Asian FX contracts will be available for trading from Oct 20th.
The expanded suite is in line with G20 recommendation to encourage trading of derivatives on exchanges or electronic platforms.
SGX states this will provide an avenue for investors to efficiently manage their Asian currency risks via a transparent, margin-efficient and well-regulated marketplace.