The Business Times
business-time-50
SUBSCRIBERS

Bank of China to clear SGX derivatives

google-preferred-sourceAdd BT as a preferred source
Published Fri, Sep 19, 2014 · 04:00 PM

DeeperDive is a beta AI feature. Refer to full articles for the facts.

Singapore

SINGAPORE'S position as an offshore renminbi (RMB) hub got a boost on Friday with the Singapore Exchange (SGX) partnering the Bank of China (BOC), making the latter the first Chinese settlement bank for the SGX derivatives market.

The Singapore bourse operator said it will add three new Asian foreign exchange (FX) futures contracts - Chinese RMB (USD/CNH, CNY/USD), Japanese yen (USD/JPY) and Thai baht (THB/USD) to its offerings, available for trading from Oct 20.

Copyright SPH Media. All rights reserved.

Reuse this contentFeedback

TRENDING NOW

DBS filed the bankruptcy application after serving statutory demands to the directors of Autobahn Rent A Car in December 2025.

Autobahn Rent A Car directors declared bankrupt over S$50 million each owed to DBS

The price tag for the Nassim Road GCB works out to nearly S$4,550 per square foot.

Nassim Road bungalow changing hands for S$64.9m 

The acquisition of Citigroup's retail banking businesses in Indonesia, Malaysia, Thailand and Vietnam has helped double UOB’s customer base across the four markets.

UOB’s Wee Ee Cheong says S$4.9 billion Citi deal ‘paying off’ as Asean push accelerates

Loyang Valley sits on a 840,648 sq ft plot of land, which now houses 362 apartments.

Loyang Valley sold for S$880 million to SingHaiyi-led consortium

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More