General Announcement::News Release: SGX welcomes Rui Da International as Derivatives Trading Member

Issuer & Securities

Announcement Title: General Announcement
Date &Time of Broadcast: 08-Feb-2018 17:39:59
Status: New
Announcement Sub Title: News Release: SGX welcomes Rui Da International as Derivatives Trading Member
Announcement Reference: SG180208OTHRFDOC
Submitted By (Co./ Ind. Name): Jo-Ann
Designation: Senior Associate
Description (Please provide a detailed description of the event in the box below): Singapore Exchange (SGX) today welcomed Hong Kong-based Rui Da International Finance Holding Limited (Rui Da International) as a Trading Member of its derivatives market.

Michael Syn, Head of Derivatives at SGX, said, "We are pleased to have Rui Da International join our derivatives market, helping to grow our distribution in Greater China."

Li Fei, Managing Director of Rui Da International, said, "We are honoured to be admitted as a Trading Member of SGX's derivatives market. This is an important milestone for our company in our strategy to expand within the global futures markets, and enables us to enhance the services we can provide to our clients."

The admission of Rui Da International brings the total number of Trading Members in SGX s derivatives market to 59. The derivatives market also has 24 Clearing Members. In addition, there are 11 Clearing Members for OTC-traded financial derivatives. SGX's securities market has 26 Trading Members and 25 Clearing Members.

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