SGX to launch 10 Singapore single stock futures on June 15

Singapore

THE Singapore Exchange (SGX) will launch 10 Singapore Single Stock Futures (SSFs) on June 15 in response to growing demand for a broader suite of Singapore-linked equities products, it said on Tuesday.

This comes a week after SGX said it is discontinuing the bulk of its MSCI equity index futures and options contracts when their licence agreements expire next year - an announcement that sent its stock price tumbling over expectations of revenue loss.