Private exchanges augment public markets, make financial ecosystem more complete: HGX chairman
Singapore
ASIA's private securities exchanges are still in an early phase of development compared to their peers in the United States, said Richard Teng. The newly appointed chairman of HG Exchange believes private exchanges will play a complementary role to their public counterparts instead of replacing them.
Mr Teng, a veteran in Singapore's finance industry who is now based in Abu Dhabi, was sharing his views on private securities exchanges with Th…
GET BT IN YOUR INBOX DAILY
Start and end each day with the latest news stories and analyses delivered straight to your inbox.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Bitcoin 'halving' has taken place: CoinGecko
Lululemon to shutter Washington distribution center, lay off 128 employees
Wall Street bonus rules return to regulatory agenda in third try
Honda to invest US$808 million in Brazil by 2030
US: Nasdaq, S&P tumble as Netflix, chip stocks drag
Europe: L’Oreal gains cap third week of declines