SGX ramps up investment in derivatives business
Growing derivatives segment helps Q2 earnings rise 16%; exchange expects growth in demand for Asian trading, clearing services
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Singapore
SINGAPORE Exchange (SGX) is so bullish about its derivatives business that it will spend an extra S$20 million this year largely to hasten its infrastructure build-up.
"It's an indication that we are optimistic about the opportunities that we see in our market and in the future," SGX chief executive Magnus Bocker said at a briefing.
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