General Announcement::News Release: SGX welcomes Quam Securities as Securities 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
31-Mar-2016 15:14:28
Status
New
Announcement Sub Title
News Release: SGX welcomes Quam Securities as Securities Trading Member
Announcement Reference
SG160331OTHRH10X
Submitted By (Co./ Ind. Name)
Ho Lily
Designation
AVP, Marketing & Communications
Description (Please provide a detailed description of the event in the box below)
Singapore Exchange (SGX) today welcomed Hong Kong-based broker, Quam Securities Company Limited, to its securities market as a trading member.

Chew Sutat, Head of Equities and Fixed Income, SGX said, "We are pleased to welcome Quam Securities as our first Hong Kong-based securities trading member. With this membership, Quam securities will be able to offer our cash securities to its clients, expanding their investment options and adding diversity to the Singapore securities market's investor base. We look forward to Quam Securities' participation and support in our market."

"We are delighted to be accepted as a trading member of SGX. This is important in strengthening our on-going efforts to expand our range of product offering to our clients. We look forward to a solid and fruitful relationship with SGX as we work together to further promote products from the Singapore market to our worldwide clients," said Kenneth Lam, Deputy Chairman and Chief Executive Officer of Quam Limited.

The admission of Quam Securities brings the total number of Trading Members in SGX's securities market to 28. The securities market also has 25 Clearing Members. In addition, there are 11 Clearing Members for OTC-traded financial derivatives on SGX AsiaClear. In the derivatives market, there are 50 Trading Members and 24 Clearing Members.

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