SGX should ride on falling rates to make Singapore a top choice for equities listings
Navene Elangovan
The Singapore Exchange (SGX) introduced a slew of initiatives to diversify the local market last year.
SGX was the first Asian bourse to introduce structured certificates. It launched Singapore depository receipts under the Thailand-Singapore depository receipt linkage. New listing requirements were also established for actively managed exchange-traded funds.
These initiatives will make SGX a better company, and a better stock to own. The bourse’s chief executive Loh Boon Chye had told The Business Times that a well-diversified business model would allow the company to deliver stronger business performance as market conditions improve.
TRENDING NOW
Yeo’s, Tiger Beer and now Gardenia – flight of food manufacturing from Singapore might be just as planned
Apex court rejects resulting trust claim in 99-1 condo dispute
Xi Jinping has just rewritten the rules of US-China rivalry
Singtel seeks clarity on participating in telco consolidation after M1-Simba fallout; weighs Reit IPO