Corporate digest

Singapore Exchange

THE Singapore Exchange (SGX) on Wednesday said it is introducing a futures contract on the FTSE Taiwan RIC Capped Index (FTSE Taiwan), enabling investors to gain exposure to a broad representation of large and mid-cap Taiwan stocks.

The SGX FTSE Taiwan Index futures contract will be launched on July 20. SGX expects to receive certification from the Commodity Futures Trading Commission for the offer and sale of the contract in the US shortly after launch, thus ensuring distribution to institutional investors, the Singapore bourse said.