General Announcement::News Release: SGX Index Edge Licenses Three Indices to Yuanta SITC Taiwan

Issuer & Securities

Issuer/ Manager
Stapled Security

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
18-Jun-2019 18:06:09
Announcement Sub Title
News Release: SGX Index Edge Licenses Three Indices to Yuanta SITC Taiwan
Announcement Reference
Submitted By (Co./ Ind. Name)
Senior Associate, Marketing & Communications
Description (Please provide a detailed description of the event in the box below)
Singapore Exchange (SGX) today announced it is licensing three futures-based indices to Yuanta SITC, the leading ETF provider in Taiwan. The futures indices provide inverse, leverage and market exposure through the MSCI Emerging Markets (EM) Futures.

The futures-based indices offer varying levels of exposure to the MSCI EM Futures traded on the Intercontinental Exchange (ICE) and support tradable ETFs that will list on the Taiwan Stock Exchange. Compiled by SGX Index Edge, the indices leverage its strength in technology and index governance. The three SGX Index Edge indices that will launch on Yuanta SITC are the Futures Index Excess Return (ER) on MSCI EM, Futures 2X Leverage Index ER on MSCI EM, and Futures 1X Inverse Index ER on MSCI EM.

Simon Karaban, Head of Index Services at SGX, says; "SGX Index Edge has grown rapidly across the region to establish itself as an index solution provider across multiple markets, index strategies and themes. We are delighted to be partnering with Yuanta SITC, the largest ETF issuer in Taiwan, to help them fulfill their ambitions and develop indices that will enable investors to express their views on emerging markets across varying market cycles."

Tsung-Sheng Liu, Chairman of Yuanta SITC, says; "We are honoured to collaborate with SGX, ICE and MSCI to compose the MSCI EM series Futures Indices, including beta, inverse and leverage. It is the first MSCI EM series Futures Indices in the world and will reach a new milestone in Taiwan's market."

Beyond the growth across Asia Pacific, SGX Index Edge has expanded support for its custom index clients in Europe, having set up a presence in London in 2018. Underpinned by robust technology and an open source approach to research data, Index Edge delivers innovative solutions for clients in an efficient manner.