SMX purchase gives Ice two-year Asia advantage over rivals


Ice's $150 million purchase of the Singapore Mercantile Exchange from Chennai-based Financial Technologies Group has given the firm prime position over the CME Group and Deutsche Bourse-owned Eurex in Asia and sharpened competition among the regional exchanges, according to market participants.

The deal was announced in November, coming after Ice completed its acquisition of NYSE Liffe. It is expected to be finalised by the end of the year, giving Ice independent trading and clearing

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact or view our subscription options here:

You are currently unable to copy this content. Please contact to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to View our subscription options


Want to know what’s included in our free membership? Click here

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here