SUBSCRIBERS

SGX ramps up investment in derivatives business

Growing derivatives segment helps Q2 earnings rise 16%; exchange expects growth in demand for Asian trading, clearing services

Published Wed, Jan 21, 2015 · 09:50 PM

Singapore

SINGAPORE Exchange (SGX) is so bullish about its derivatives business that it will spend an extra S$20 million this year largely to hasten its infrastructure build-up.

"It's an indication that we are optimistic about the opportunities that we see in our market and in the future," SGX chief executive Magnus Bocker said at a briefing.

The move w…

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes