Singapore Exchange to license Topix indexes

News

The Tokyo Stock Exchange (TSE) has agreed to license Topix-related indexes to the Singapore Stock Exchange (SGX) to create derivatives and exchange-traded fund products. Topix - or the Tokyo Stock Price Index - is a market capitalisation-weighted index comprising around 1,600 Japanese stocks listed on the main section of the TSE.

SGX says there is no specific schedule for the introduction of the products, but the two exchanges will explore the establishment of a trading and clearing link for

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