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A new tack on iron ore as competition hots up

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Mr Syn said that for SGX, revenue growth might not keep pace with the acceleration in interest and liquidity in iron ore derivatives, as it expands its pool of derivative users beyond wholesale players.

Singapore

INTEREST and liquidity in iron ore derivatives is accelerating with the dramatic rise and fall in the price of the steel-making ingredient this year.

But for the Singapore Exchange (SGX) - the hitherto leader in the international market - revenue growth might not keep