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SGX looks to cut dependency on domestic volumes

It is tying up with Clearstream to start new collateral management service

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SINGAPORE Exchange (SGX) is looking to reduce its dependency on trading volumes by partnering with Clearstream to begin a new collateral management service in 12 to 18 months - PHOTO: REUTERS

SINGAPORE Exchange (SGX) is looking to reduce its dependency on trading volumes by partnering with Clearstream to begin a new collateral management service in 12 to 18 months.

Following a letter of intent signing in September 2013, SGX and securities depository Clearstream are now working

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