Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

4-Traders Homepage  >  Equities  >  SINGAPORE EXCHANGE  >  Singapore Exchange Limited    SGXL   SG1J26887955

SINGAPORE EXCHANGE LIMITED (SGXL)
Mes dernières consult.
Most popular
  Report  
SummaryChartsNewsAnalysisCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsSector newsTweets

Singapore Exchange : SGX launches dual currency trading for ETFs

share with twitter share with LinkedIn share with facebook
share via e-mail
0
06/07/2012 | 01:23pm CET

Singapore Exchange (SGX) today announced it will launch dual currency trading for ETFs on 15 June, enabling investors to trade foreign-currency denominated ETFs in Singapore dollars. The move will provide investors with trading flexibility in accessing ETFs denominated in a foreign currency.

SGX worked with issuers BlackRock's iShares and CIMB-Principal Asset Management to offer the following ETFs with a secondary trading counter in Singapore dollars:

  • CIMB ASEAN 40 ETF
  • CIMB S&P Ethical Asia Pacific Dividend ETF
  • iShares Barclays Capital Asia Local Currency 1-3 Year Bond Index ETF
  • iShares Barclays Capital Asia Local Currency Bond Index ETF
  • iShares Barclays Capitial USD Asia High Yield Bond Index ETF
  • iShares J.P. Morgan USD Asia Credit Bond Index ETF
  • iShares MSCI India Index ETF

The ETFs will be fungible, i.e. an investor can buy and/or sell the ETF in US or Singapore dollars regardless of the currency in which it was first bought and/or sold.  All the above ETFs are cash based full replication ETFs.

Mr Nels Friets, Head of Securities at SGX said: "With this new offering from SGX, investors can enjoy trading flexibility and cost efficiency while benefitting from investing in ETFs. Issuers will also benefit from a wider pool of investors as those who prefer to trade in Singapore dollars enter the market. We are delighted to have the support of BlackRock and CIMB-Principal in offering investors increased access to our wide suite of ETFs."

SGX introduced dual currency trading for securities on 22 March 2012. Hutchison Port Holdings Trust was the first listed security to launch dual currency units.

-End-


distributed by
share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on SINGAPORE EXCHANGE LIMITED
02/11BSE : Tough choice for foreign investors after Indian bourses rein in trading ab..
RE
02/06SINGAPORE EXCHANGE : Malaysia, Singapore to set up trade link for stockmarkets
AQ
02/06SINGAPORE EXCHANGE : Malaysia to set up stock market trading link
AQ
02/06SINGAPORE EXCHANGE : Malaysia and Singapore to set up stock market trading link
AQ
02/06SINGAPORE EXCHANGE : Malaysia to Set up Stock Market Trading Link by End-2018
DJ
01/25SINGAPORE EXCHANGE : SGX to Use IHS McCloskey Index From IHS Markit for Indonesi..
AQ
01/25SINGAPORE EXCHANGE LIMITED : ex-dividend day for interim dividend
FA
01/20TATA STEEL : announces successful dual tranche USD bond offering of USD 1.3 bill..
AQ
01/19SINGAPORE EXCHANGE : Global BioLife, a Biomedical Subsidiary of Singapore eDevel..
AQ
01/16SINGAPORE EXCHANGE LIMITED : half-yearly earnings release
More news
News from SeekingAlpha
02/12Singapore Exchange 
01/19Singapore Exchange Ltd. ADR 2018 Q2 - Results - Earnings Call Slides 
2017Singapore Exchange Ltd. ADR 2018 Q1 - Results - Earnings Call Slides 
2017Singapore Exchange Ltd. ADR 2017 Q2 - Results - Earnings Call Slides 
2016New Asia Pacific Ex-Japan REIT ETF Shines Light On An Important But Under-Ind.. 
Financials ( SGD)
Sales 2018 849 M
EBIT 2018 438 M
Net income 2018 374 M
Finance 2018 890 M
Yield 2018 4,08%
P/E ratio 2018 21,12
P/E ratio 2019 19,69
EV / Sales 2018 8,26x
EV / Sales 2019 7,77x
Capitalization 7 898 M
Chart SINGAPORE EXCHANGE LIMITED
Duration : Period :
Singapore Exchange Limited Technical Analysis Chart | SGXL | SG1J26887955 | 4-Traders
Technical analysis trends SINGAPORE EXCHANGE LIMITED
Short TermMid-TermLong Term
TrendsBearishBearishNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 17
Average target price 8,17  SGD
Spread / Average Target 11%
EPS Revisions
Managers
NameTitle
Boon Chye Loh Chief Executive Officer & Director
Muthukrishnan Ramaswami President & Chief Operating Officer
Chong Seng Kwa Chairman
Lay Chew Chng Chief Financial Officer
Mun Leong Liew Independent Non-Executive Director
Sector and Competitors
1st jan.Capitalization (M$)
SINGAPORE EXCHANGE LIMITED-0.94%6 048
CME GROUP11.02%55 178
HONG KONG EXCHANGES AND CLEARING LIMITED15.80%44 392
INTERCONTINENTAL EXCHANGE INC0.72%41 578
INTERACTIVE BROKERS GROUP, INC.12.53%27 432
DEUTSCHE BOERSE8.26%25 365