‘Masterminds’ behind the penny stock crash found guilty by Singapore authorities.
Directors at SGX have chosen Kwa Chong Seng as its new chairman of the board.
Following ‘exclusive’ discussions in May this year, SGX has offered the Baltic Exchange £77.6 million for 100% of its share capital.
SGX has shaped itself as a gateway to Asian derivatives markets for international investors. The exchange is looking to build on the rapid growth of this segment through new products and technology, as derivatives head Michael Syn told Sarfraz Thind
Singapore Exchange reported a 10% annual increase in derivatives revenue, driving overall trading volumes up 14% compared to 2015.
UK decision to leave the EU is seeing Asian clearers demanding higher margins on some contracts.
This is the first time that derivatives on Indian sector indices are being launched outside India.