SGX will look beyond equities to stay relevant, says chairman Kwa Chong Seng

SINGAPORE Exchange (SGX) must look beyond equity assets and focus on areas where it can be competitive, said SGX chairman Kwa Chong Seng.

Responding to questions at SGX’s annual general meeting on Thursday (Oct 6), Kwa said the bourse operator is unlikely to be able to compete with players such as the US exchanges for company listings given that Singapore is a “very small market”.

“We need to focus on where we can beat them, and not fight on areas where we can’t,” he said.