The partnership between HSBC, SGX and sovereign wealth fund Temasek marks the first end-to-end digitisation effort focusing on the Asian bond markets.
The addition of INTL FCStone brings SGX’s total derivatives trading members to 62, and clearing members to 25.
SGX and Nasdaq have had a long-standing technology partnership dating back to 2003.
Growing trend towards independent research leads SGX to make strategic investment in research platform provider Smartkarma.
Lee Beng Hong will join SGX in August, as Michael Syn is appointed head of equities under the new business structure.
'Trade at close' will allow SGX market participants 10 minutes to execute orders at the closing auction price.
BidFX, a subsidiary of TradingScreen, will use the funds to expand its reach among the institutional investor community.
The new functionality will enable the SGX to align to global market practices, messaging standardisation, and a T+2 settlement cycle.
Singapore exchange to launch new securities settlement and depository framework on 10 December.
The Monetary Authority of Singapore and Singapore Exchange developed two Delivery versus Payment capabilities for the settlement of tokenised assets across different blockchain platforms.