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Singapore's warrants market soars higher

The Singapore Stock Exchange has reported a sharp rise in warrants trading, according to local press reports. Some S$4.2 billion of structured warrants changed hands in the first six months of this year, compared with S$1.5 billion in the whole of 2004. There are now 150 covered warrants listed on the Singapore Exchange, compared with just five one-and-a-half years ago, and the industry predicts

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