SGX eyes multi-asset, multi-purpose, borderless future: CEO

Singapore

WHILE securities trading will remain an important facet of Singapore's capital market, the future success of Singapore Exchange (SGX) hinges on the exchange being multi-asset, multi-purpose and borderless, its chief executive officer, Loh Boon Chye, said.

As the exchange celebrates its 20th anniversary this year, Mr Loh shared how SGX is responding to the challenges wrought by competition, globalisation and rapid technology advances. He discussed the multi-asset, multi-purpose and borderless strategy that holds the promise of future success that will allow the Lion City bourse to extend its reach to a larger international market out there.

"Growth will come from different asset classes, being deep and efficient for investors to access, and for companies to tap the market. The overall offering will have to be wider. That's the way we see the market having to evolve," said the form…