General Announcement::News Release: SGX welcomes Zhongda (HK) 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
12-Apr-2021 17:30:05
Status
New
Announcement Sub Title
News Release: SGX welcomes Zhongda (HK) Futures as Derivatives Trading Member
Announcement Reference
SG210412OTHRY6SS
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 Zhongda (HK) Futures Limited (Zhongda (HK) Futures) as a Trading Member of its derivatives market.

Established in 2015, Zhongda (HK) Futures provides global securities and futures trading services for institutional and individual investors worldwide and is a core member enterprise of Wuchan Zhongda Group, a major conglomerate in eastern China with multiple lines of businesses.

Chew Sutat, Senior Managing Director, Head of Global Sales and Origination at SGX, said, "We are pleased to welcome Zhongda (HK) Futures as a derivatives trading member, joining our strong Chinese membership community. With their established presence in greater China, there will be many opportunities for us to work together to provide their clients with an expanded suite of derivatives across multiple asset classes."

Shen Hua, Chief Executive Officer of Zhongda (HK) Futures Ltd, said, "Becoming a derivatives Trading Member of SGX, one of the world's leading exchanges, will expand our competitive advantage and improve our comprehensive trading platforms to furnish better financial services. We look forward to exploring more potential cooperation with SGX to further realise the objective of becoming a world-class financial service provider."

With the admission of Zhongda (HK) Futures, SGX's derivatives market now has 61 Trading Members and 26 Clearing Members.

Attachments

20210412 SGX welcomes Zhongda Futures as Derivatives Trading Member.pdf
Total size =146K