General Announcement::SGX named Global Exchange of the Year by FOW

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
14-Dec-2015 17:48:37
Status
New
Announcement Sub Title
SGX named Global Exchange of the Year by FOW
Announcement Reference
SG151214OTHRX3VL
Submitted By (Co./ Ind. Name)
Leela Pandit
Designation
Vice President - Marketing & Communications
Effective Date and Time of the event
14/12/2015 17:00:00
Description (Please provide a detailed description of the event in the box below)
Singapore Exchange (SGX) was named "Global Exchange of the Year" for the first time at the recent Futures & Options World (FOW) International Awards ceremony, as well as "Exchange of the Year - Asia, Australasia and MEA."

On announcing the award, FOW cited SGX's strong volume growth through 2015 with trading levels up more than 60% year-on-year, as well as continued innovation across the risk management portfolio. SGX was credited for expanding its offshore Asian equity derivatives suite, the growth of its commodities clearing and OTC business and for continuing to grow the currency futures portfolio and turnover.

The FOW International Awards recognise the best in growth and innovation across the global derivatives market, with winners being chosen from a panel of judges from across the industry.

Earlier this year at the FOW Awards for Asia 2015, SGX was also named "Exchange of the Year" and awarded with the "Most Innovative New Currency Contract" accolade, given the success of the USD/CNH futures contract. SGX now offers the most liquid offshore USD/CNH futures market and has cleared a total of USD25 billion since launching in October 2014.

These latest awards add to a number of industry endorsements throughout 2015, with SGX being named "Derivatives Exchange of the Year" and "CCP of the Year" by Asia Risk, and "Asia Pacific Derivatives Exchange of the Year" by GlobalCapital. These awards highlighted SGX's diversity of products and volume growth as well as strength of its clearing house and commitment to risk management. FOW also credited SGX for being at the forefront of global regulatory standards.

Loh Boon Chye, CEO of SGX, said, "We are pleased that SGX continues to receive industry recognition for our innovation and risk management products and we look forward to enhancing this further through the year ahead. The success cited by these awards has only been possible with the support of our partners and customers and we take this opportunity to thank them for this again."

Attachments

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