General Announcement::News Release: SGX welcomes TFI Securities and 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
27-Apr-2021 17:34:28
Status
New
Announcement Sub Title
News Release: SGX welcomes TFI Securities and Futures as Derivatives Trading Member
Announcement Reference
SG210427OTHR31YN
Submitted By (Co./ Ind. Name)
Chin May Nah
Designation
Head of Media Communications
Description (Please provide a detailed description of the event in the box below)
Singapore Exchange (SGX) today welcomed TFI Securities and Futures Limited (TFISF) as a Trading Member of its derivatives market.

TFISF is a wholly-owned subsidiary of TF International Securities Group, which provides investment management services worldwide. TFISF holds the Type 1 and 2 licences issued by Securities and Futures Commission of Hong Kong, for dealing in securities and futures contracts.

Chew Sutat, Senior Managing Director, Head of Global Sales and Origination at SGX, said, "We are delighted to welcome TFISF as a derivatives trading member. This membership will add to our diverse and growing global community of members and will further TF International's goal of bridging Chinese and overseas capital markets. We look forward to working with TFISF to expand their multi-asset offerings to meet their clients' needs."

Gu Kai, Director of TFISF, said, "It is a great honour and pleasure to become a member of SGX, one of the leading exchanges in the world. Joining SGX will greatly improve our company's overall competitiveness and industry reputation. In 2021, we look forward to establishing a more extensive and comprehensive cooperation relationship with SGX to further realise our company's goal to become a fully licensed multi-service securities firm."

With the admission of TFISF, SGX's derivatives market now has 62 Trading Members and 26 Clearing Members.

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