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Source: Singapore Exchange (SGX) | |
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Singapore, June 14, 2012 - (ACN Newswire) - Singapore Exchange (SGX) and BT today jointly announced that SGX will use BT Radianz services to provide access and connectivity for its new hubs in Chicago and London. SGX is the first Asian exchange with hubs in the U.S. and Europe, a move intended to bring its markets closer to international investors.
Mr Muthukrishnan Ramaswami, president of SGX, said: "The hubs - beginning in London and Chicago - plus the connectivity alliances we are building with other exchanges and partners will deliver unparalleled access into Asia for international investors. We are delighted that BT will play an integral part in our connectivity initiative."
From July 2012, SGX customers in London and Chicago will be offered a cost-effective and managed connectivity service linking them to Singapore. This will allow them to access the world's biggest offshore market for Asian equity futures at SGX by simply connecting to BT Radianz at a local, third-party data centre.
Mr Tom Regent, president, global banking & financial markets and sales & marketing, BT Global Services, said: "Through these hubs, global investors will be able to access the many opportunities offered by Asia's fast growth. That includes the 15,000 members of our BT Radianz network, the world's largest secure online financial services community. We are pleased that SGX, Asia's leading derivatives market, has chosen BT Radianz services to provide this link for participants in Chicago and London."
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 internationalised exchange with more than 40% of companies listed on SGX originating outside of Singapore. SGX offers its clients the world's biggest offshore market for Asian equity futures market, 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 peerless Asian counterparty for the clearing of financial and commodity products. For more information, please visit www.sgx.com .
Contact:
SGX
Carolyn Lim
Communications
Tel: +65 6236 8139
Email: Carolyn.lim@sgx.com
BT
Enquiries about this news release
should be made to the BT Group Newsroom
on its 24-hour number: 020 7356 5369.
From outside the UK dial + 44 20 7356 5369.
June 14, 2012
Source: Singapore Exchange (SGX)
Topic: Production report
Sectors: Financial General, Business General
http://www.acnnewswire.com
From the Asia Corporate News Network
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