Financial technology group ayondo today announced it has relaunched its website, with a fresh design and added features aimed at further improving the trading experience for its clients. Users can now quickly get to where they need to be thanks to a more modern and responsive layout, and additional tools such as a new charting…
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 moreSingapore Exchange (SGX) Asia’s most international, multi-asset exchange today reported market statistics for June 2016. Total FX Futures volume was 642,002, up 27% month on month and up 112% year on year. The strong figures continue the trend across the trading industry which saw "Brexit" induced volatility carry trading volumes to one of the best performing months of the…
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 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…
Read moreSingapore Exchange Limited (SGX:S68) today announced its plans to list contracts on the MSCI China Free Index. The new contracts will expand the suite of China-linked risk management products available on SGX, with specific relevance to global institutional investors in China equities. SGX’s China-linked offering already includes equity, FX and iron ore derivatives. On top…
Read moreSingapore Exchange (SGX) is changing the methodology used to determine whether a company share price meets the minimum trading price (MTP) requirement, following market feedback. The change comes after SGX’s extension last month to September 1st 2016 the date of the review of the volume weighted average price (VWAP) of shares of companies which consolidate…
Read moreSingapore Exchange (SGX) today reported net profit of $83.7 million ($86.6 million) for 2Q FY2016. Revenue was largely unchanged at $194.6 million ($195.1 million). Expenses increased $3.5 million or 4% to $97.1 million ($93.5 million). Earnings per share was 7.8 cents (8.1 cents), and the Board of Directors has declared an interim dividend of 5…
Read moreSingapore Exchange Limited (SGX:S68) today announced its operating metrics for December 2015, with Forex volumes staging a further drop in monthly terms, continuing a trend already observed in November 2015. Although SGX reported record yuan trading volumes for the last month of 2015, the overall FX futures volumes fell. This apparently reflects a month-on-month decrease in…
Read moreSingapore Exchange Limited (SGX:S68) today announced that it marked a record in USD/CNH futures trading in December 2015. The Exchange said that USD/CNH futures trading volume rose more than 50% month-on-month to a record 51,702 contracts traded (approximately US$5.1 billion in notional value traded) last month. In annual terms, the rise is even more pronounced,…
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