General Announcement::News Release: SGX welcomes Synergy Futures as Derivatives Trading Member

Issuer & Securities

Issuer/ Manager
SINGAPORE EXCHANGE LIMITED
Securities
SINGAPORE EXCHANGE LIMITED - SG1J26887955 - S68
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
03-Jun-2021 12:16:17
Status
New
Announcement Sub Title
News Release: SGX welcomes Synergy Futures as Derivatives Trading Member
Announcement Reference
SG210603OTHRBTIU
Submitted By (Co./ Ind. Name)
Jo-Ann
Designation
Senior Associate, Marketing & Communications
Description (Please provide a detailed description of the event in the box below)
Singapore Exchange (SGX) today welcomed Synergy Futures Limited (Synergy Futures) as a Trading Member of its derivatives market.

Synergy Futures is a Hong Kong-based company that offers trading and risk management services spanning futures, options and securities to domestic and global institutional and professional investors. Synergy Futures is licensed by the Securities and Futures Commission of Hong Kong to deal in securities and futures contracts.

Chew Sutat, Head of Global Sales and Origination at SGX, said, "We are delighted to welcome Synergy Futures as a new member of our growing derivatives marketplace. This extends our strong membership base across Greater China and supports the rising demand for Asian market derivatives. We look forward to working closely with Synergy Futures to meet their clients' risk management and investment needs."

Qin Tian, Executive Director of Synergy Futures, said, "We are pleased to be a member of Singapore Exchange. Singapore Exchange's equity index and iron ore products are attractive to investors and Synergy Futures Limited will use our extensive experience in algorithmic trading to meet all our clients' needs."

With the admission of Synergy Futures, SGX's derivatives market now has 63 Trading Members and 26 Clearing Members.

Attachments

20210603_SGX_welcomes_Synergy_Futures_as Derivatives_Trading_Member.pdf
Total size =155K