Singapore Financial Services Firms Select SunGard's Managed Services to Help Optimize Performance
PRWeb - Wed Sep 03, 7:31AM CDT
A group of financial services firms in Singapore have chosen to migrate their operations to SunGard's managed services to help adapt to industry change, optimize performance, boost cost efficiencies, leverage new technologies and focus on serving their clients.
First Engineering to be Acquired by Sunningdale Tech for USD 80 Million
PR Newswire - Tue Sep 02, 10:38PM CDT
First Engineering Limited ("First Engineering"
ASEAN Exchanges on Track to Create an ASEAN Asset Class
JCN Newswire - Fri Aug 22, 7:05AM CDT
The ASEAN Exchanges CEOs convened today at the 21st ASEAN Exchanges CEOs meeting to discuss the next collaborative action steps to market and promote ASEAN as one asset class. Since its launch in April 2011, ASEAN Exchanges have delivered on several key milestones such as the ASEAN Trading Link and development of a unique post trade solution which serves to provide greater exposure and access to the diverse range of investable companies across ASEAN.
SGX posts FY2014 net profit of $320 million
JCN Newswire - Thu Jul 31, 5:03AM CDT
Magnus Bocker, CEO of Singapore Exchange, said, "We recorded net profit of $320 million on revenue of $687 million last year. Notwithstanding the difficult year for our securities business, we delivered a solid performance with growth in all our other businesses. For the fourth quarter, revenue was $173 million with net profit unchanged at $77 million from the third quarter.
Phillip Futures Announces ICE Futures US Clearing Membership
PR Newswire - Tue Jul 29, 9:48AM CDT
Phillip Futures Inc., a member of the Singapore-based PhillipCapital Group, is proud to announce it is now a clearing member of ICE Futures US. Debuting in Chicago in 2010, Phillip Futures is currently a clearing member of CME, CBOT, NYMEX, COMEX, NYSE-LIFFE, CFE, and recently also added Dubai Mercantile Exchange (DME) to the list. The FCM provides access to worldwide exchanges and through the PhillipCapital Group network; it offers direct clearing to 18 Asian exchanges including Singapore Exchange (SGX) and Tokyo Commodity Exchange (TOCOM.)
TSI ASEAN HRC-Based Singapore Exchange Steel Derivatives Well Received
PR Newswire - Wed Mar 26, 6:30AM CDT
The Singapore Exchange's (SGX) newly introduced steel futures and swaps contracts, which were launched in February and based on the daily spot ASEAN hot rolled coil (HRC) imports price index of The Steel Index (TSI), saw solid industry support in their first month of trading.
KVH Optimizes Network to Launch Industry's Fastest Routes to CME From Tokyo and Singapore
Business Wire - Mon Mar 24, 7:01AM CDT
KVH Co. Ltd., Asia's leading information delivery platform headquartered in Tokyo, Japan, today announced the launch of newly optimized ultra-low latency routes to the Chicago Mercantile Exchange (CME) in Aurora, Illinois from Tokyo and Singapore. Commercially available from March 31, 2014 and delivered over a high bandwidth premium Ethernet service, these routes offer SLA-backed latency below 122 and 188 milliseconds between Tokyo and Aurora and Aurora and Singapore, respectively, making these routes the fastest network between these locations in the market today.
SGX to Launch Options on China A50 Futures
JCN Newswire - Tue Mar 11, 8:02PM CDT
Singapore Exchange (SGX) aims to launch SGX FTSE China A50 Index options in the third quarter of 2014 to cater to the risk management needs of global investors, and in response to supportive industry feedback. Subject to final regulatory approval, the new contract will be listed as options on the SGX FTSE China A50 Index futures (SGX China A50 futures).
SGX Introduces RMB FX Futures
JCN Newswire - Tue Mar 11, 11:36AM CDT
Singapore Exchange (SGX) will introduce a new set of Asian currency futures to expand its current suite of foreign exchange (FX) futures in the third quarter of 2014, subject to regulatory approval. The new Asian FX suite includes currency futures contracts on Chinese renminbi (RMB), Japanese yen and Thai baht follows closely after the initial launch of six FX futures contracts in November 2013, which have seen over US$1 billion in notional value traded in the four months since it began trading.
SGX and Dalian Commodity Exchange Seal Collaboration with MOU
JCN Newswire - Mon Mar 10, 6:27AM CDT
Singapore Exchange (SGX) and Dalian Commodity Exchange (DCE) have signed a memorandum of understanding (MOU) to collaborate on efforts to promote greater understanding and explore initiatives in the development of commodities markets in both China and Singapore. The two exchanges inked the MOU in Singapore on Friday, 7 March 2014.
No Changes to Straights Times Index (STI) after Quarterly Review
JCN Newswire - Thu Mar 06, 5:15AM CST
Singapore Press Holdings (SPH), Singapore Exchange (SGX) and FTSE Group (FTSE) announced today that constituents of the Straits Times Index (STI) will be unchanged following the conclusion of its quarterly review.
SGX Asian Index Futures Contracts Gain CTFC Approval
JCN Newswire - Wed Mar 05, 5:52AM CST
Singapore Exchange (SGX) is pleased that U.S. investors can now trade its latest suite of Asian index futures with ease:
Singapore Exchange (SGX) to Revise Fees for Securities Market
JCN Newswire - Fri Feb 07, 4:54AM CST
Singapore Exchange (SGX) is revising the fee structure for its securities market to make trading more cost-efficient and to facilitate market making and improve liquidity in the market. The revisions to clearing and depository fees will be rolled out from 2 May 2014.
Singapore Exchange (SGX) AsiaClear Volumes Grow in January
JCN Newswire - Tue Feb 04, 9:32PM CST
Singapore Exchange (SGX) today said securities and derivatives trading volumes declined while its clearing activities grew in January.
SGX Posts Second-quarter Net Profit of $75 million
JCN Newswire - Wed Jan 22, 4:11AM CST
Magnus Bocker, CEO of Singapore Exchange, said, "We posted second-quarter net profit of $75 million, down 2% from a year earlier. Our derivatives business saw sustained growth and now accounts for 32% of total revenue. The securities market had a challenging quarter due to lower participation by both retail and institutional investors. The global economy is showing moderate signs of recovery. We will continue to invest in new products and services, expand international distribution, and strengthen our regulatory and risk management capabilities.
SGX to Introduce Circuit Breakers on 24 February
JCN Newswire - Wed Jan 22, 3:22AM CST
Singapore Exchange (SGX) will introduce circuit breakers in the securities market from 24 February as an additional market safeguard.
S&P Capital IQ Real-Time Solutions Bolsters Asia Offering Via QuantFEED and QuantLINK for Singapore Exchange
PR Newswire - Tue Jan 14, 7:00AM CST
S&P Capital IQ Real-Time Solutions, the global provider of innovative market data services, trading and infrastructure solutions, has continued the expansion of its Asia-Pacific offering and has today announced the availability of its cornerstone QuantFEED and QuantLINK solutions to Singapore Exchange (SGX).
SGX Derivatives Trading Reaches New Highs in 2013
JCN Newswire - Sun Jan 05, 8:03PM CST
Singapore Exchange (SGX) today said derivatives trading reached new highs in 2013. It also saw growth in clearing activities while securities trading declined.
US CFTC Authorises SGX as Asia's First Derivatives Clearing Organization
JCN Newswire - Sun Dec 29, 11:26PM CST
Singapore Exchange (SGX Derivatives Clearing) has become the first Asian clearing house authorised as a Derivatives Clearing Organization (DCO) by US derivatives regulator, the Commodity Futures Trading Commission (CFTC).
SGX and Bank of China Partner to Grow China Markets
JCN Newswire - Fri Sep 20, 6:16AM CDT
Singapore Exchange (SGX) and Bank of China (BOC) have signed a memorandum of understanding (MOU) to cooperate in growing China's financial markets.