General Announcement::SGX welcomes Lion 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
20-Sep-2018 18:54:57
Status
New
Announcement Sub Title
SGX welcomes Lion Futures as Derivatives Trading Member
Announcement Reference
SG180920OTHR7K8W
Submitted By (Co./ Ind. Name)
Yee Kai Pin
Designation
Vice President
Effective Date and Time of the event
20/09/2018 18:55:00
Description (Please provide a detailed description of the event in the box below)
Singapore Exchange (SGX) today welcomed Lion Futures Limited as a Trading Member of its derivatives market.

Lion Futures was incorporated in Hong Kong in May 2016. Its main businesses include providing dealing and advisory services in international futures markets.

Michael Syn, Head of Derivatives at SGX, said, "We are pleased to welcome Lion Futures as we expand our global membership and enhance the liquidity of our derivatives market. Their active participation will help us reach out to more clients with our suite of risk-management and investment tools."

Rover Luo, Managing Director of Lion Futures, said, "SGX is a leading exchange group in the world as well as a pioneering central counterparty, and it is our honour to join as a Trading Member. We look forward to providing our clients with more diversified trading products and better financial services."

The admission of Lion Futures brings the number of Trading Members in SGX's derivatives market to 63. The derivatives market also has 25 Clearing Members. SGX's securities market has 26 Trading Members and 25 Clearing members.

Attachments

20180920_SGX_welcomes_Lion_Futures_as_Derivatives_Trading_Member.pdf
Total size =463K