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 further expansion. Given the growing popularity of warrants, industry watchers say that volumes c

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