Singapore Exchange Ltd (SGX)

Singapore Exchange (SGX) is the main stock exchange in Singapore. It was inaugurated on 1 December 1999, following the merger of two established and well-respected financial institutions: the Stock Exchange of Singapore (SES) and the Singapore International Monetary Exchange (SIMEX).

SGX became the first exchange in Asia-Pacific to be listed via a public offer and a private placement on 23 November 2000.

SGX and Australian Stock Exchange (ASX) formed the world's first securities co-trading linkage on 20 Dec 2001. This allows Singapore investors to trade selected securities on the ASX directly, through brokers in their own markets.

The Singapore Exchange Derivatives Trading Limited (SGX-DT) was the first market in Asia to list equity index futures. It introduced financial futures in Asia in September 1984 with the trading of Eurodollar futures, and it has become a leading international futures centre in the Asia-Pacific. On 22 February 2010, SGX launched the SGX Fuel Oil 380cst Futures based on Residual Marine Grade ISO 8217.

With the launch of the SGX Nikkei Stock Average Dividend Point Index Futures (SGX Nikkei Dividend Index Futures), SGX is the first Asian exchange to trade dividend futures contracts.

SGX is a member of the Global Clearing, Netting and Central Counterparty (CCP12), an association of the world's principal clearing organizations.

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Kelvin Wong Loke Yuen is a highly experienced education writer. He has obtained many certifications from the UK, USA, Australia and Canada, including an MBA and a Postgraduate Diploma from Heriot-Watt (UK's World-Class University) and a BCom degree from Adelaide (Australia’s Group of Eight University). Follow him on: LinkedIn