General Announcement::SGX named "Derivatives Exchange of the Year" by Asia Risk for sixth consecutive year

Issuer & Securities

Issuer/ Manager
Stapled Security

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
12-Sep-2019 12:15:17
Announcement Sub Title
SGX named "Derivatives Exchange of the Year" by Asia Risk for sixth consecutive year
Announcement Reference
Submitted By (Co./ Ind. Name)
Senior Associate, Marketing & Communications
Description (Please provide a detailed description of the event in the box below)
- Award recognises SGX's robust risk management solutions across asset classes
- Judges highlight product innovations, including Asia's first portfolio compression service for listed derivatives

Singapore Exchange (SGX) has been named "Derivatives Exchange of the Year" by Asia Risk magazine for the sixth consecutive year, retaining a prestigious award that recognises best practices in risk management.

Asia Risk, a leading industry publication, highlighted SGX's innovation in developing solutions that ensure international investors have continued access to emerging markets across all asset classes. SGX's successful launch of Asia's first portfolio compression service from over-the-counter (OTC) products to listed derivatives, done in collaboration with Capitalab, was among the exchange's standout offerings. Support to FX markets through its SGX FlexC FX Futures solution, which bridges the standardised futures and bespoke OTC worlds, was also commended.

Michael Syn, Head of Equities at SGX, said, "We are honoured to receive this esteemed award and industry recognition for our ongoing effort to provide market access and superior risk management tools for our clients. Our clients' needs are always front of mind and this is evident in the hard work by our members, partners and colleagues and their continuous drive to deliver excellence in the derivatives sector. This acknowledgment is a testimony to these efforts and SGX's commitment to providing innovative solutions and open, single-point access to Asia for our clients and investors."

Asia Risk unveiled the winners of its annual awards on 11 September in Singapore.

Last month, SGX was awarded "Best FX Exchange in Asia" and "Best FX Clearing House in Asia" by FX Week for the second consecutive year, following voting by FX and money-market professionals.