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COMMENTARY

Baltic is at best a trophy purchase for SGX

Its flashy London address apart, Baltic Exchange has long ceased to be a central trading node and is now better seen as a financial-information provider
Friday, May 27, 2016 - 05:50

WHAT does Singapore's bourse hope to get out of its takeover of the Baltic Exchange?

On the face of it, a lot. Faced with stagnating revenues from its securities business, Singapore Exchange (SGX) has been looking to diversify its revenue base. But since its attempt to purchase Australia'

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