Singapore Exchange (SGX) today welcomed Golden Energy and Resources Limited (GEAR) to Mainboard under the stock code AUE. Backed by the Sinar Mas Group, one of Indonesia’s largest conglomerates, GEAR collectively owns the rights to mine more than 2 billion tonnes of thermal coal resources, with coal reserves of more than 750 million tonnes, as…
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Singapore Exchange (SGX) announced today the appointment of Michael Luk as the new Head of Fixed Income Origination and Sales, effective January 1st, 2017. Reporting to Mr. Chew Sutat, SGX Head of Equities & Fixed Income, Mr. Luk is tasked with spearheading the growth of SGX’s fixed income businesses through deeper and broader relationships with market…
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Singapore Exchange (SGX) has announced that has become part of an industry-wide collaboration that will harness blockchain technology to advance Singapore’s vision of a Smart Financial Centre. At last week’s Singapore FinTech Festival, the Monetary Authority of Singapore (MAS) has announced a partnership with the financial innovation group R3, and a consortium of financial institutions to…
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Singapore Exchange (SGX) is organising a roundtable with the National University of Singapore (NUS) Faculty of Law to discuss the feasibility of introducing the dual-class shares structure in the local market. The “Roundtable on Dual-Class Shares Structure and the Singapore Context” taking place today, 14 November 2016, is part of SGX’s process of gathering feedback…
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Today, Singapore Exchange (SGX) one of Asia’s leading and trusted market infrastructures reported October volume metrics. Overall, the exchange reported down numbers as you can read below, as traders and investors have taken a wait-and-see approach to the markets. For currencies, total FX Futures volume came in at 499,028, down 11% month-on-month and up 5%…
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Business information giant Thomson Reuters Corp (NYSE:TRI) and Singapore Exchange (SGX) have announced that the TR/SGX Singapore Fixed Income Indices (TR/SGX SFI) have been selected as the recommended fixed income benchmark by United Overseas Bank (UOB) following the discontinuation of the UOB SGS Index. Launched in 2013, the TR/SGX SFI offer a comprehensive solution for tracking the…
Read moreSingapore Exchange (SGX) has launched two initiatives in collaboration with Member firms to detect and stop market misconduct, foster good trading practices and maintain a fair, orderly and transparent marketplace. The initiatives complement SGX’s existing real-time trade surveillance, Member inspections and enforcement actions. SGX also regularly discusses with Members any unusual trading behaviour. The first initiative…
Read moreSingapore Exchange (SGX) announced today that the shareholders of The Baltic Exchange Limited (Baltic Exchange) have today approved all the resolutions required in connection with the proposed scheme of arrangement for the acquisition of the Baltic Exchange. Implementation of the Scheme remains subject to the satisfaction of certain conditions which include the High Court making…
Read moreSingapore Exchange (SGX) and Industrial and Commercial Bank of China Limited (ICBC) have signed a memorandum of understanding (MOU) to collaborate on a range of areas that will enhance the links between Singapore and China’s capital markets. Under the MOU, SGX and ICBC will work together to promote Singapore’s capital markets and support Chinese companies looking…
Read moreSingapore Exchange (SGX) and S&P Global Market Intelligence have announced a commercial relationship that will enable SGX Index Edge to use S&P Global Markets Intelligence’s Alpha Factor Library to develop new quantitative index models and smart beta indices across Asia-Pacific. As part of this agreement, SGX Index Edge has immediate access to the comprehensive research…
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