General Announcement::News Release: SGX Group welcomes CLSA Singapore Pte Ltd as Derivatives Clearing Member

Issuer & Securities

Issuer/ Manager
SINGAPORE EXCHANGE LIMITED
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
29-May-2025 17:17:21
Status
New
Announcement Sub Title
News Release: SGX Group welcomes CLSA Singapore Pte Ltd as Derivatives Clearing Member
Announcement Reference
SG250529OTHR74BC
Submitted By (Co./ Ind. Name)
Chin May Nah
Designation
Executive Director, Marketing & Communications
Description (Please provide a detailed description of the event in the box below)
Singapore Exchange (SGX Group) is pleased to welcome CLSA Singapore Pte Ltd as a clearing member to its derivatives market. CLSA Singapore has been a derivatives trading member since 2023 and is a trading and clearing member in SGX's securities market.

CLSA is part of CITIC CLSA, the wholly owned subsidiary and overseas platform of CITIC Securities, one of China's leading investment banks. It offers corporate finance and capital markets advisory, asset management, wealth management and securities services to global institutional clients. Its affiliate, CITIC Futures International, based in Hong Kong, is a futures and derivatives trading firm with a regional presence. CLSA draws on CITIC Futures International's expertise and market leadership, and CITIC CLSA's global presence to deliver comprehensive financial services and innovative trading solutions.

Pol de Win, Head of Global Sales and Origination, SGX Group, said, "We are pleased to welcome CLSA Singapore to our market as a derivatives clearing member. CLSA Singapore's expanded participation reflects the depth of our long-standing partnership. This move also underscores the growing connectivity between China and Singapore's financial ecosystems, and the shared commitment to serving global investors with greater efficiency and access."

Ming Yi Tan, CEO & Country Head Singapore (designate), CLSA Singapore Pte Ltd, said, "We are excited to launch in Singapore and participate in one of the fastest-growing derivatives markets in Asia. Our derivatives clearing membership marks an important milestone in our international growth strategy. We look forward to contributing to greater market liquidity and supporting our clients with a wider range of Derivatives risk management products in Singapore."

With the admission of CLSA Singapore Pte Ltd, SGX Group's derivatives market now has a total of 67 Trading Members and 33 Clearing Members.

Attachments

20250529 SGX Group welcomes CLSA Singapore Pte Ltd as Derivatives Clearing Member.pdf
Total size =157K