SINGAPORE, Mar 28, 2012 - (ACN Newswire) - Singapore Exchange (SGX) today announced a new organisation structure to reinforce its positioning as the Asian Gateway and better leverage growth opportunities in the region.
From 1 May 2012, the organisation will have five Business Units. They are Derivatives, Listings, Market Data & Access, Post-Trade and Securities. The current Fixed Income business will become a part of the enlarged Securities unit while the Commodities business will be grouped within the enlarged Derivatives unit.
The Business Units, with the support of the Sales & Clients unit, will collectively drive the expansion of the products and services suite, the attraction of more and larger listings, the growth of retail and professional participation and the building of the post-trade business.
In addition, the Operations and Technology units will be aligned under a newly-created Chief Operations and Technology Officer role.
Mr Magnus Bocker, CEO, will assume direct responsibility for Listings and Sales & Clients. Mr Muthukrishnan Ramaswami, President, will lead Derivatives, Market Data & Access, Post-Trade and Securities.
SGX also announced today that Mr Gan Seow Ann, Co-President, is resigning and will stay on as advisor.
The new organisation structure is available on www.sgx.com.
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.
Ai June Schult
Tel: +65 6236 8717
Email: [email protected]
Tel: +65 6236 8658
Email: [email protected]
Mar 28, 2012 09:45 HKT/SGT
Source: Singapore Exchange (SGX)
Topic: General Announcement
Sectors: Daily Finance, Daily News
From the Asia Corporate News Network
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