General Announcement::News Release: SGX named Exchange of the Year for Derivatives at FOW's Asia Capital Markets Awards

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
21-Sep-2018 12:26:21
Status
New
Announcement Sub Title
News Release: SGX named Exchange of the Year for Derivatives at FOW's Asia Capital Markets Awards
Announcement Reference
SG180921OTHRSO9U
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)
- FlexC, Net Total Return offerings cited as innovations that further futurised OTC markets
- SGX's "virtual steel mill" drove strong growth in commodity derivatives

Singapore Exchange (SGX) has been named Exchange of the Year - Derivatives at FOW's Asia Capital Markets Awards in recognition of its innovation in portfolio risk management.

FOW, a publication for the global futures and options industry, cited SGX's development of FlexC futures in foreign exchange (FX), as well as the rollout of Asia's first Net Total Return equity-index futures, as innovations that further "futurised" the over-the-counter (OTC) markets. SGX's "virtual steel mill" combining efficiencies in iron ore, coking coal and freight derivatives also drove strong growth in commodities. FOW announced its annual award winners on 20 September in Singapore.

Michael Syn, Head of Derivatives at SGX, said, "We are delighted to have earned this accolade with our risk-management offerings, which we have designed with the client in mind: global portfolio investors seeking unmatched access to Asian emerging markets. The region's continued growth is an opportunity for us to raise the bar and enhance our role as a multi-asset exchange."

In August, SGX was awarded "Best FX Exchange in Asia" and "Best FX Clearing House in Asia" by FX Week, following voting by FX and money-market professionals. Last week, the exchange was named "Derivatives Exchange of the Year" by Asia Risk for a fifth consecutive year.

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20180921_SGX_named_Exchange_of_the_Year_for_Derivatives_by_FOW.pdf
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