SGX seeks public views on position accounts for CDP clearing members

Singapore

SINGAPORE Exchange (SGX) is consulting the public on the proposed introduction of position accounts for clearing members of the Central Depository (CDP) as an operational step to further improve the post-trade environment of the Singapore securities market.

This will give individual clearing members a choice of a back-office system to manage their own post-trade activities instead of subscribing to the client accounting system offered by SGX.