KC Lam, SGX Head of FX and Rates, commented: By September 2022, more than a thousand firms will be impacted by UMR, thus it is important to start planning for it now. Cassini is a natural partner for us in this effort to help our market participants with a best-of-breed solution. Once a SGX market…
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Options’ Managing Director for APAC Jun Ashida, said: As a managed colocation and private cloud service provider, our offering gives clients a fully compliant institutional infrastructure, integrated with industry-leading technologies. This allows us to connect clients to both Asian and Global financial hubs for a seamless trading experience. We have worked closely with MAS (The…
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The financial highlights included: $ million, except where indicated FY2020 FY2019 Change Key income statement figures Fixed Income, Currencies and Commodities 171.4 139.0 23% Equities 759.7 668.3 14% Data, Connectivity and Indices 121.6 102.5 19% Operating revenue 1,052.7 909.8…
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Total equity index futures traded volume on SGX increased 20% MoM in June to 14.5 million contracts, the highest in three months. Nikkei 225 Index Futures lead by 54% MoM rise in traded volume to 2.23 million contracts. MSCI Singapore Index Futures traded volume grew 14% MoM, while FTSE China A50 and Nifty 50 index…
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Jean-Philippe Malé, CEO of BidFX, said: We are delighted to join the SGX group of companies and combine forces with the largest FX futures marketplace in Asia. We will be, amongst other plans, expanding our coverage to include FX futures, which gives sophisticated investors a hedge to access the broader market across OTC and futures…
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Husam Al Kurdi who recently joined SquaredFinancial as its new Chief Executive Officer sat down with LeapRate for an interview. Having spent two decades working in the financial and banking industry, he has acquired an international reputation for developing and managing sophisticated trading companies. He has been involved with the launch and running of a…
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The tension between the US and China rose during May, driving risk management in currencies. Total FX futures traded volume on SGX increased 17% MoM in May to 2 million contracts. SGX USD/CNH futures traded volume gained 7% MoM to 724,127 contracts, with month-end open interest 16% higher MoM. Continued uncertainty with India extending its…
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SGX also announced the signing of a licence agreement for four products on MSCI Singapore indices. The products include SiMSCI futures and options and net total return contracts, which will continue to be listed on SGX after February 2021. Michael Syn, Head of Equities, SGX said: We integrated our cash equities and equity derivatives businesses…
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Financial services conglomerate AMTD International Inc., joined the SGX Mainboard in April, becoming the first company with dual listing in New York and Singapore. The total debt fundraising on SGX amounted to S$18.3 billion. Demand for currency risk management steadily increased on the exchange. The total FX futures volumes reached 1.71 million contracts, almost halving…
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Loh Boon Chye, Chief Executive Officer of SGX, commented: Amid the COVID-19 pandemic, our priority is to keep SGX’s markets relevant, resilient and fully accessible round-the-clock, to serve the heightened demand from market participants for risk management solutions and investment opportunities across our asset classes. Our expanded geographical footprint has helped to support our US…
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