Singapore Exchange (SGX:S68) and The Baltic Exchange Limited (Baltic Exchange) are pleased to announce that they have agreed on the terms for a recommended offer by SGX for the entire issued share capital of the Baltic Exchange (Proposed Acquisition). Yesterday’s announcement follows a period of extensive consultation with Baltic Exchange shareholders and other stakeholders. Under…
Read moreSingapore Exchange (SGX) has announced that all the nine retail securities brokers in Singapore and The Central Depository (CDP) will provide electronic statements to customers, starting from the fourth quarter of 2016. These nine retail securities brokers in Singapore are all members of the Securities Association of Singapore (SAS) and SGX-Securities Trading (SGX-ST). Retail investors…
Read moreA new partnership between Avelacom and SGX aims to improve accessibility of low latency applications that are in high demand among hedge funds, trading firms, investments banks both within and outside the APAC region. Avelacom’s network comprises of the most direct, low latency fiber routes with Singapore. By setting up a new point of presence…
Read moreShares of food and beverage firm Katrina Group on Tuesday surged 83% to S$0.385 on its trading debut from its initial public offering (IPO) price of S$0.21. Nearly 22 million shares changed hands as at 10.13am. The Catalist-listed group (stock code: 1A0) placed out 35.8 million new shares to raise gross proceeds of S$7.5 million. Katrina…
Read moreSingapore Exchange (SGX) has announced that its securities market will open per normal on July 15, following a market disruption yesterday. At 0938 hours on July 14, 2016, a technology issue affecting SGX’s trade confirmation processes was identified, and a cutover from the primary to secondary trade confirmation systems has been initiated at 1012 hours. Trade confirmations resumed…
Read moreLeading Asia financial marketplace Singapore Exchange Limited (SGX) has announced that it has entered into an agreement with The Baltic Exchange Limited (Baltic Exchange) through which SGX will enter into exclusive discussions with Baltic Exchange regarding a potential cash offer for 100% of the share capital of Baltic Exchange. This follows SGX’s earlier announcement on…
Read moreIn line with LeapRate's earlier report about the plans of Singapore Exchange Limited (SGX:S68) to list MSCI China Free Index (SM) futures and options contracts, the Exchange today announced the official launch of these products. The SGX MSCI China contracts have also been certified by the Commodity Futures Trading Commission (CFTC), enabling US investors to directly…
Read moreA month after Singapore Exchange Limited (SGX:S68) welcomed Taiwan-based JihSun Futures Co., Ltd to its list of derivatives market trading members, it announces a new derivatives trading member. The latest addition is Hong Kong-based Zhongrong International Futures Company Limited. The admission of Zhongrong International Futures Company Limited takes the total number of Trading Members in SGX’s…
Read moreSingapore Exchange Limited (SGX:S68) and China Construction Bank Corporation (SHA:601939) today sealed a memorandum of understanding (MoU), seeking to promote Singapore’s capital markets to Chinese companies. Under the agreement, SGX and CCB will collaborate to bring Chinese companies to list in Singapore, especially through SGX’s Direct Listing Framework. CCB is one of the issue managers…
Read moreBreaking Forex News... Social trading pioneer Ayondo has announced plans for a listing for the company on the Singapore Exchange (SGX), which would result in the company having a market capitalization in the S$210 million (USD $155 million) range post transaction, valuing Ayondo at about $116 million pre-deal. FCA-regulated Ayondo stated that it is in advanced…
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