SGX to hike derivatives member fees as much as 10-fold from January
First revision in 15 years aligns fees to growth in membership value, says SGX spokeswoman
Singapore
THE Singapore Exchange (SGX) will drastically hike membership fees for derivatives trading members in 2018, in some cases as much as 10 times, The Business Times has learnt.
Membership fees for a proprietary trading member with direct market access to fast data feeds, for example, will go up from S$2,000 a year to S$25,000 a year from 2018. The new fees take effect on Jan 2.
TRENDING NOW
Looking beyond looming CEO succession, should UOB potentially pursue a transformative merger?
Once staunchly pro-China, Malaysian Chinese businesses are now distancing themselves from Beijing
Family offices ‘kept captive’ by relationship managers turn to independent advisers, direct deals
MAS holds monetary policy settings, pausing after two straight tightenings
