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SINGAPORE Exchange (SGX) said on Thursday that Taiwan-based Fubon Futures Co Ltd has become the newest trading member in its derivatives market.
Fubon Futures, a wholly-owned subsidiary of Fubon Securities, is one of the leading broking firms providing professional brokerage and clearing services in Taiwan.
The admission of Fubon Futures brings the total number of trading members in SGX's derivatives market to 49. The derivatives market also has 27 clearing members. In addition, there are 11 clearing members for over-the-counter financial derivatives on SGX AsiaClear. In the securities market, there are 26 trading members and 25 clearing members.