Singapore Exchange : News Release - SGX welcomes President Futures as New Member
07/02/2012| 07:59am US/Eastern
Singapore Exchange (SGX) announced today that Taiwan-based
President Futures Corp. has joined its derivatives market as
a new Trading Member.
"We are pleased that President Futures has joined SGX as a
Trading Member. This membership will allow President
Futures' clients to access the diverse derivatives products
at SGX, the world's biggest offshore market for Asian equity
futures. For our market participants, they can also
look forward to even greater liquidity in our derivatives
products as we link up more brokers to our membership," said
Mr Chew Sutat, Head of Sales & Clients at SGX.
"President Futures is delighted to be a trading member of
SGX. Through our membership, we can now provide our
customers with better access to a wide range of derivatives
products and excellent investment opportunities. Working
together with SGX, we believe we can expand our network with
the global financial world," said Mr Huang Yi-ming, President
of President Futures Corp.
The addition of President Futures brings the number of
Trading Members in the derivatives market to 41. In addition,
there are 26 Clearing Members in its derivatives market, and
11 Clearing Members for the clearing of OTC traded financial
derivatives on SGX AsiaClear. The securities market has
27 Trading Members and 26 Clearing Members.