SGCEX Announces Expansion of International Programs for Index Based Derivatives
Online, September 3, 2011 (Newswire.com) - With a global mission of creating a next generation derivatives exchange relevant to an ever-changing and developing marketplaces, SGCEX will soon introduce an innovative, dependable and smart platform resourcefully designed both for offshore and domestic entities to undertake trading through wide range of multi-asset class products and ETF`s. Through the avant-garde electronic trading systems for futures and options, SGCEX will coordinate physical and derivatives trading in commodities within its jurisdiction, as well as in its neighboring countries while recording new products for more successful and efficient risk management especially during and after trading hours.
SGCEX, one of the world's largest derivatives marketplace, has therefore announced that it is expanding its international electronic access programs to provide clients outside of Asia Pacific Rim with greater access to SGCEX Index based derivatives and futures products. The extension will apply from January 1, 2012, to member firms of SGCEX.
The programs will provide traders, proprietary trading firms, commodity trading advisors, banks, and fund managers outside of the Asia Pacific Rim with incentives for electronically traded SGCEX index based derivatives and futures.
"The extension of the international programs to SGCEX products further demonstrates the importance of these markets to SGCEX future strategy," said Frederick Dupont, SGCEX Trade Execution and Information Services Manager. "With the current high level of investor interest in index based derivatives, expanding our international electronic fee incentives to SGCEX futures products will enable more firms to access our global benchmark contracts in these key financial instruments at lower rates."
Singapore Commodity Exchange is committed to performing its public duty to ensure orderly and fair markets and that risks are managed prudently, consistent with the trader`s interest and in particular, the interests of the investing public.
For more information on exchange traded funds, visit investor information on www.sgcex.org, its financial information website. The portal provides in-depth information on ETFs, including basic education, trading strategies and resources for investors.
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