General Announcement::SGX and Platts partner to provide commodities data and content

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
30-Jun-2021 17:22:57
Status
New
Announcement Sub Title
SGX and Platts partner to provide commodities data and content
Announcement Reference
SG210630OTHRS4XN
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 announced that SGX has added S&P Global Platts (Platts) market-leading benchmark assessments and news to its Titan OTC platform (Titan OTC), a one-stop, full-service over-the-counter (OTC) platform that supports block trade registration, order management, content and analytics across multiple asset classes and trading instruments.

Through this new collaboration between SGX and Platts, Titan OTC participants can access Platts' real-time data and market-moving insights on commodities including iron ore, coking coal, steel, aluminum, copper, freight and battery metals, via a single platform.

Titan OTC hosts both SGX and partner content and data within its content hub that aggregates multi-asset content for the derivatives community.

Since its launch in 2016, Titan OTC has benefitted the commodity ecosystem through enhancing OTC workflows and bringing clearing members, brokers and clients together on a single platform. It is part of the broader SGX Titan suite, which offers low-latency, high-throughput trading and clearing to cater to global participants in Asian markets.

Daniel Hildebrand, Head of Digital & Depository Services, SGX, said, "The addition of Platts' data to Titan OTC provides the Asian derivatives community with more information on market fundamentals. With greater access to data, news and actionable insights on one single platform, the community will be further empowered to make well-informed, data-driven trading decisions."

Joerg Gerth, Global Head of Channel & Strategic Alliances, S&P Global Platts said, "The metals market has evolved significantly over the last decade. We are witnessing the emergence and growing use of both physical spot markets and derivatives, as metals producers and users seek more precise information and analysis in making trading decisions. We believe the inclusion of Platts market leading metals pricing and news in this content partnership will add immense value to the ecosystem, and we look forward to further collaboration with SGX in the essential Asian markets."

Attachments

20210630_SGX and Platts partner to provide commodities data and content.pdf
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