Wednesday, March 12, 2014

Epic Research Singapore : Sgx Singapore News Update

Singapore Exchange (SGX) on Wednesday announced it would be introducing a new set of Asian currency futures to expand its suite of foreign exchange (FX) futures, and launching options on China A50 futures.

These will be available in the third quarter of 2014.
The new Asian FX suite will include currency futures contracts on Chinese renminbi (RMB), Japanese yen and Thai baht.

This comes after the initial launch of six FX futures contracts in November last year, which have seen over US$1 billion in notional value traded in the four months since it began trading, said SGX.

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