Monday, October 5, 2015

SGX launches index services in Asia

The Singapore Exchange (SGX) has launched the SGX Index Edge, an index business that will create and offer comprehensive index services tailored for issuers, asset managers and investors in Asia.

The SGX Index Edge targets Asian product issuers and investors looking for customised index solutions.

The bourse operator says the SGX branded indices will provide greater transparency and profile SGX's securities and derivative markets to investors.

This will help investors to make more informed investment decisions and attract greater participation in SGX's securities and derivatives markets.

According to SGX, it has successfully conducted a beta launch since Oct last year, on a series of futures-based indices -- SGX Access Asia indices -- tailored for  product issuers of exchange-traded notes, over-the-counter products and retail structured products.

The Access Asia suite of 60 indices are distributed through SGX's wide network of brokers, major data vendors, independent software vendors, other exchanges and trading firms.

SGX says it plans to offer the Asia-based index solutions for product issuers across the region, including "thematic and strategy-based" equity indices for the Singapore market.

Shares in SGX ended one cent higher at $7.16 on Friday.

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