SGX records early success in coking coal contract (Amended)
But some market players caution that the jury is still out on whether it can remain in the lead
Singapore
THE Singapore Exchange (SGX), in its push for market acceptance of products adjacent to its successful iron-ore derivatives, is seeing some initial traction.
Trading volumes of its derivative contracts for coking coal - another ingredient for steel-making, aside from iron ore - have surged this year on the back of extreme price volatility.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Honda to spend US$11 billion on EV strategy in Canada
GlaxoSmithKline sues Pfizer and BioNTech over Covid-19 vaccine technology
Mapletree Industrial Trust Q4 DPU rises 0.9% to S$0.0336
Nasdaq’s profit falls as shaky economy keeps IPO revival elusive
iFast Q1 net profit surges on ePension unit performance
Suntec Reit Q1 DPU down 13% to S$0.01511 in absence of capital distribution