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

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Tan Nai Lun

Tan Nai Lun

Published Thu, Oct 6, 2022 · 07:09 PM
    • SGX chief executive Loh Boon Chye said the bourse operator’s focus is to realise its exchange partnerships and extend its engagement with end clients, digitalise financial markets, as well as work on sustainable investing efforts.
    • SGX chief executive Loh Boon Chye said the bourse operator’s focus is to realise its exchange partnerships and extend its engagement with end clients, digitalise financial markets, as well as work on sustainable investing efforts. PHOTO: YEN MENG JIIN, BT

    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.

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