25 jul: 2nd UPDATE: IMF Paper: ECB Seniority on Greek Debt Undermines Cri..
25 jul: Bank of Korea Governor: Downside Risk to 2012 GDP Growth Forecast..
25-07-2012 04:42:00

ASX and SGX Working Together to Enhance Market Connectivity

Relateret indhold

Singapore, July 25, 2012 - (ACN Newswire) - ASX and Singapore Exchange (SGX) today announced they would establish a presence in each other's co-location data centre to enhance customer connectivity to their markets.

From September, SGX's co-location data centre in Singapore will host the ASX hub, providing direct connectivity to the ASX 24 futures market based at the ASX Australian Liquidity Centre in Sydney.

This will allow customers in the SGX co-location data centre to connect more easily to ASX 24, resulting in an expected increase in the flow of futures market activity into Australia.

It will extend ASX's international hub network, which currently includes Chicago, New York, London, Hong Kong and an existing location in Singapore. About 6% of ASX 24 futures and optionsvolume is generated from its international hub network.

The next stage of the partnership will allow customers in the ASX Australian Liquidity Centre to directly connect via the ASX global network to SGX, which is the biggest offshore market for Asian equity derivatives and the only international venue with futures contracts for Chinese and Indonesian equity indices.

The partnership with ASX extends SGX's commitment to better connectivity, thereby drawing more global participants to the Singapore market and enabling SGX customers to easily access international markets. Earlier this month, SGX's hubs in London and Chicago began operating as part of its connectivity initiative.

Mr Peter Hiom, ASX's Deputy CEO said, "The establishmentof an ASX futures hub in the SGX facility bolsters the global distribution network for ASX 24, connecting more customers into the Australian market and enhancing our presence in Asia. This is a new initiative that is part of our plan to internationalise the ASX and it demonstrates that by working together with other exchanges we can deliver new and greater investment opportunities to Australian and foreign investors."

Mr Muthukrishnan Ramaswami, president of SGX said, "This new SGX-ASX partnership enables both exchanges' customers to easily leverage the strengths of the Australian and Singapore derivatives markets. As the Asian Gateway, SGX is delighted to enable easier and more cost effective connectivity offerings at a time when investors are increasingly using exchange-traded derivatives to manage risks in the various global marketplaces."

About ASX

ASX Limited is the listed holding company for a number of licensed operating subsidiaries, together forming the ASX Group (ASX), which offer a range of market services linked by a common purpose: to provide core financial markets services and infrastructure to meet the needs of a wide range of financial markets stakeholders, and for a globally competitive and vibrant Australian economy.

ASX is a multi-asset class, vertically integrated exchange group, ranked one of the world's top-10 largest by market capitalisation. Its activities span primary and secondary market services, central counterparty risk transfer, andtransaction settlement for both the equities and fixed income markets. ASX functions as a market operator, clearing house, payments system facilitator and central securities depository. It also oversees compliance with its operating rules, promotes standards of corporate governance among Australia's listed companies and helps to educate retail investors.

By providing its systems, processes and services reliably and fairly, ASX seeks to promote confidence in the markets that depend on its infrastructure. This is integral to ASX's long-term commercial success. For more information, please visit: www.asxgroup.com.au.

About Singapore Exchange (SGX)

Singapore Exchange (SGX) is the Asian Gateway, connecting investors in search of Asian growth to corporate issuers in search of global capital. SGX represents the premier access point for managing Asian capital and investment exposure, and is Asia's most internationalised exchange with more than 40% of companies listed on SGX originating outside of Singapore. SGX offers its clients the world's biggest offshore market for Asian equity futures market, centred on Asia's three largest economies - China, India and Japan.

In addition to offering a fully integrated value chain from trading and clearing, to settlement and depository services, SGX is also Asia's pioneering central clearinghouse. Headquartered in Asia's most globalised city, and centred within the AAA strength and stability of Singapore's island nation, SGX is a peerless Asian counterparty for the clearing of financial and commodity products. For more information, please visit www.sgx.com.

Source: Singapore Exchange (SGX)

Contact: ASX

Kristen Kaus

Tel: +61 2 9227 0410

Mobile: 0421 380773

Email: kristen.kaus@asx.com.au

http://www.asxgroup.com.au/media-releases.htm

SGX

Carolyn Lim

Tel: +65 6236 8139

Email: Carolyn.lim@sgx.com

Copyright 2012 ACN Newswire. All rights reserved.

Opret kommentar

Relateret debat

  • 1 uge
  • 1 måned
  • 1 År
Ingen indlæg

Fondsbørsmeddelelser

Aarhus Elite får kæmpeunderskud efter sportslig fiasko

23-09-2014 16:36:34
Ikke alene har børsnoterede Aarhus Elite måttet lide den tort at se sit fodboldhold AGF rykke ned i næstbedste række i 2014. Selskabets regnskab for året 2013/1..

Vestas-konkurrent venter at installere op mod 4 gigawatt i år

23-09-2014 13:37:11
Den tyske vindmølleproducent Enercon, som sidste år rangerede som verdens tredjestørste vindmølleproducent og blandt andet tegnede sig knap halvdelen af install..

Vestas-rival lancerer større møller

23-09-2014 09:20:53
Når vindmøllegiganterne Vestas og Siemens de senere år har lanceret nye møller, har der primært været tale om videreudviklinger af tidligere produkter. Den opsk..

Mest læste nyheder

  • 24 timer
  • 48 timer
  • 1 uge
1
Vestas-rival lancerer større møller
2
Europa/aktier: Varsel om luk af skattefidus sender aktier ned
3
Aktier/tendens: Ny rekordjagt i sigte for C20 Cap
4
Vestas: USA pusler med forlængelse af vitale støtteordninger
5
Europa/aktier: Aktier tog et dyk efter slut med skattefidus

Relaterede aktiekurser

ASX FPO 36,45 0,0% Aktiekurs uændret
Singapore Exchan Ltd 5,66 0,4% Stigning i aktiekurs

Køb- og salgsanbefalinger

  • Trend
  • Pengemaskinen
Sælg

Relaterede selskaber
Få adgang til information og anbefalinger af relaterede selskaber med PLUS pakken.

Du får adgang til 7 værdifulde investorværktøjer til investering.

Klik her og læs mere om PLUS pakken.
Euroinvestor i andre lande: Euroinvestor.com | Euroinvestor.se | Euroinvestor.no | Euroinvestor.fr | Forexinvestor.com| Wisselkoersen.nl | Valuta.se | Valutaveksel.no | Divisas.es | Valute.it
Copyright Euroinvestor A/S 2014  Disclaimer Privatlivspolitik
Aktieinformation leveres af Interactive Data.
Data er forsinket 15-20 minutter iht. de enkelte børsers regler om videredistribution.
 
24. september 2014 00:24:10
(UTC+01:00) Brussels, Copenhagen, Madrid, Paris
Version: LiveBranchBuild_20140919.1 - EUROWEB5 - 2014-09-24 00:24:10 - 2014-09-24 00:24:10 - 1 - Website: OKAY

Når du besøger Euroinvestor.dk accepterer du, at der anvendes cookies, som vi og vores samarbejdspartnere benytter til funktionalitet, statistik og markedsføring. Læs mere om cookies på Euroinvestor.dk her

x