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Wednesday, 14 March 2012, 11:00 HKT/SGT
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Source: Singapore Exchange (SGX)
SGX Links Global Liquidity Pools to Asian Economies, Enables Access to International Markets

SINGAPORE, Mar 14, 2012 - (ACN Newswire) - Singapore Exchange (SGX) today brings Asian markets closer to global investors with the launch of hubs in Chicago and London.

The hubs are the first by an Asian exchange and will provide customers with convenient and cost-effective local connections to SGX markets.

SGX expects to begin operating the hubs once pre-trade risk controls at the exchange level in the derivatives market are made available to participants in April. The pre-trade risk controls are in line with the Futures Industry Association's recommendation for exchange-hosted risk controls.

By connecting to SGX's hubs, global investors can access the world's biggest offshore market for Asian equity futures. These include the China A50 futures, the only offshore futures for China's domestic A-share market.

In addition to the hubs, SGX is also pursuing alliances with suitable partners to enable Asian investors to easily participate in global markets.

The international hubs are part of SGX's S$250 million technology initiative to deliver the best access to fast-growing Asian economies. Other components of the initiative are a world-class Singapore data centre with co-location services and the world's fastest trading engine Reach.

"Customers coming to SGX's hubs can access Asia's biggest and most promising economies at lower cost and greater convenience. Our trading community will benefit from increased opportunities and greater liquidity as we continue to grow our presence in more international financial centres," said SGX CEO Mr Magnus Bocker. SGX is exploring Hong Kong and Tokyo as the next locations for its hubs.

More information is found at www.sgx.com/hubs.


About Singapore Exchange (SGX)

Singapore Exchange (SGX) is the Asian Gateway, connecting investors in search of Asian growth to corporate issuers in search of global capital. SGX represents the premier access point for managing Asian capital and investment exposure, and is Asia's most international exchange with about 40% of companies listed on SGX originating outside of Singapore. SGX offers its clients the world's biggest offshore market for Asian equity index futures, centred on Asia's three largest economies - China, India and Japan.

In addition to offering a fully integrated value chain from trading and clearing, to settlement and depository services, SGX is also Asia's pioneering central clearing house. Headquartered in Asia's most globalised city, and centred within the AAA strength and stability of Singapore's island nation, SGX is a leading Asian counterparty for the clearing of financial and commodity products. For more information, please visit www.sgx.com.

Contact:
Carolyn Lim
Communications
Tel: +65-6236-8139
Email: [email protected]

Joan Lew
Communications
Tel: +65-6236-8658
Email: [email protected]


Mar 14, 2012 11:00 HKT/SGT
Source: Singapore Exchange (SGX)

Topic: Press release summary
Sectors: Daily Finance, Daily News
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