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SGX launching five petrochemical derivatives products
THE Singapore Exchange (SGX) is launching five new petrochemical derivatives products in the next two months.
This is "in response to the increasing demand for more effective risk management solutions for petrochemical industry participants", SGX said in an update.
On Dec 2, 2014, it will launch the SGX Platts PX CFR China Swaps and Futures.
On Jan 19, 2015, it will launch four other contracts.
Details can be found here.
SGX was trading at S$7.30 at 12.20pm on Friday, up 2 cents.