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.