General Announcement::SGX welcomes Shanxi Securities International 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
31-Aug-2021 12:16:25
Status
New
Announcement Sub Title
SGX welcomes Shanxi Securities International Futures as Derivatives Trading Member
Announcement Reference
SG210831OTHRB7M0
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)
Singapore Exchange (SGX) today welcomed Shanxi Securities International Futures Limited (SSIFL) as a Trading Member of its derivatives market.

Based in Hong Kong, SSIFL primarily deals in global futures and options for Chinese and international clients. It is a wholly owned subsidiary of Shanxi Securities Co., Ltd, a listed securities firm on Shenzhen Stock Exchange in China, providing securities brokerage, asset management, futures trading, investment management, and financial products underwriting services.

Pol de Win, Senior Managing Director, Head of Global Sales and Origination at SGX said, "We are pleased to welcome SSIFL to our growing and robust ecosystem, as we expand our global membership base. Their strong client engagement and active participation in our market will certainly add to the rising activity in SGX's derivatives market. With our multi-asset China franchise and customer network, we look forward to working with SSIFL to meet the investment and risk management needs of their clients."

Qiao Jun Feng, Chairman of Shanxi Securities International Financial Holdings said, "We are delighted that SSIFL is joining SGX's community as a trading member. SGX's derivatives market is playing an increasingly vital role in the region. Over the years, it has launched a series of derivatives contracts including equity indexes, commodities and currencies, whose prices have become regional benchmarks which are highly recognised by various market participants from all over the world. Becoming a member of SGX marks a milestone in our pathway to internationalisation, and we will continue to improve our client experience by expanding our market network and enhancing our ties with leading international exchanges."

With the admission of SSIFL, SGX's derivatives market now has 64 Trading Members and 26 Clearing Members.

Attachments

20210831_SGX_welcomes_Shanxi_Securities_International_Futures_as_Derivatives_Trading_Member.pdf
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