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SGX wins awards for derivatives exchange, clearinghouse

SINGAPORE Exchange (SGX) retained its status as Derivatives Exchange of the Year and was named Central Counterparty of the Year by Asia Risk magazine.

SGX's diverse offerings were cited in awarding it the title of derivatives exchange of the year, the market operator announced. This is the second year in a row that SGX has won the title.

"As capital markets become increasingly connected and dynamic, risk management plays a growing role across both SGX and our global customer base as they utilise our products to manage exposure against volatile markets," SGX chief executive Loh Boon Chye said in a statement.

"We remain committed to innovating across our products and strengthening our infrastructure and we would like to thank our partners and customers for their continued support and trust in SGX," he said.