General Announcement::SGX named Asia-Pacific Derivatives Exchange of the Year by GlobalCapital

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
24-Sep-2020 07:48:53
Status
New
Announcement Sub Title
SGX named Asia-Pacific Derivatives Exchange of the Year by GlobalCapital
Announcement Reference
SG200924OTHRNU9U
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)
- SGX demonstrates role as flight-to-quality marketplace amid COVID-19 uncertainties
- Exchange kept its platforms open round-the-clock even during early days of pandemic

Singapore Exchange (SGX) has been named "Asia-Pacific Derivatives Exchange of the Year" by GlobalCapital for a seventh consecutive year, underscoring its strengths in an especially challenging environment for market infrastructure.

SGX demonstrated its role as a flight-to-quality marketplace as uncertainties over COVID-19 roiled global markets. Even during the early days of the pandemic, the exchange kept its platforms open round-the-clock, enabling investors to react to news and risk-manage their portfolios across equities, foreign exchange (FX) and commodities. GlobalCapital, a leading news, opinion and data service, unveiled the winners of its annual Global Derivatives Awards on 23 September in London.

Michael Syn, Head of Equities at SGX, said, "This has been a year of huge challenges for market participants and operators alike, which makes retaining this accolade all the more meaningful for us. SGX s platforms are always ready not only for day-to-day price formation, risk management and wealth management, but for periods of record volatility as we have experienced. Our commitment to our clients is to be their most trusted and efficient international marketplace."

Earlier this month, SGX was awarded "Best Exchange for FX" at the FX Markets e-FX Awards 2020, which recognises the best-in-class in electronic FX trading globally.

Attachments

20200924_SGX_named_Asia_Pacific_Derivatives_Exchange_of_the_Year_by_GlobalCapital.pdf
Total size =482K