Singapore Exchange (SGX)
SGX consults on derivatives clearing reform
The Singapore Exchange has proposed amendments to limit the liabilities of its members on exchange-traded and over-the-counter derivatives
CME delays dollar/renminbi futures due to settlement system issues
The US exchange operator hopes to create a transparent, liquid futures contract for renminbi, offering an alternative to the privately negotiated market. But the launch was delayed due to settlement system problems and some traders believe the exchange…
ASX vs LCH in race to be Australia's OTC clearer
Home-town blues
Chi-East moves to connect Asia's dark pools
Joint venture between Singapore Exchange and Chi-X Global expects to announce four new members in the next two months
Dealers resigned to CCP competition in Asia
Gaining interest
Electronic trading and clearing of NDFs poised for growth in Asia
Asian regulators are expected to closely follow their peers in the US and Europe in demanding swap execution facilities and over-the-counter derivatives clearing in Asia. This may bolster e-trading for NDFs based on Asian currencies
Structured product investors hit by sharp fall in Japanese equities
Investors have likely taken hits on legacy structured trades, though bankers say it is too early to judge the full impact of the Friday earthquake on the Japanese structured equity market. There are some signs, however, that investors might already be…
SGX could expand clearing to Australia post ASX merger
SGX could expand its OTC clearing service to the Australian market once a decision has been made on a merger with ASX, but it also plans to add new currencies and asset classes – including forex forwards
BarCap launches discount certificate in Singapore as trend for listed products continues
Barclays Capital is about to introduce its fourth physically settled discount certificate to the Singapore market. BarCap first listed the reverse convertibles in Singapore in December last year.
SGX names DBS's Michael Syn as head of derivatives
Singapore Exchange has recruited Michael Syn as its first head of derivatives in a bid to bolster its trading business.
Video: SGX’s Sutat Chew on alternative markets and CCP
Traditional exchanges have nothing to fear from alternative trading venues as long as they keep innovating, according to the Singapore Exchange’s head of corporate and market strategy. OTC derivatives central counterparty clearing, meanwhile, presents a…
Asian regulators ease cross-border depository receipt rules
Cross-border listings through fungible depository receipts is seen as one way for corporates to diversify funding sources and promote investor interest by exploiting equity arbitrage opportunities
Asia Risk awards 2010: Derivatives exchange of the year
Asia Risk awards 2010: Derivatives exchange of the year
Speed streaming on the Straits Times Index
New streaming technology has been introduced in Singapore to increase the speed and improve the transparency of structured products trades.
SGX AsiaClear sets sight on becoming Asia's CCP for rates and FX swaps
SGX president Muthukrishnan Ramaswami says the new interbank OTC clearing service for SGD and USD interest rate swaps will target Asian banks as a start, and soon global investment banks that trade with Asian counterparties. Asian local currencies non…
Singapore’s commodities derivatives exchange to go live
Singapore’s central bank Monetary Authority of Singapore (MAS) gives the green light for new commodity and currency derivatives bourse
SGX and LME partner on metals futures launch
The London Metal Exchange (LME) and the Singapore Exchange (SGX) have joined forces to launch cash-settled mini monthly metals futures contracts to be traded and cleared on the SGX
Hong Kong poised to launch dividend futures
Hong Kong Exchange and Clearing looks set to join rival Singapore Exchange in offering dividend futures contracts
Asian supervisors look to central clearing
Clearing the way
Asia plays catch-up on CCPs
While European and US regulators blaze a trail in over-the-counter derivatives reform, Asian supervisors have been much more circumspect. Some are now exploring the use of central clearing but many are still wrestling with how best to implement it. Matt…