SGX stands for Singapore Exchange, which is the primary stock exchange in Singapore. It is one of the leading exchanges in Asia and is known for its strong regulatory framework and advanced technology infrastructure. SGX offers a wide range of financial products and services, including equities, derivatives, commodities, and fixed income securities. It is also home to several benchmark indices, such as the Straits Times Index (STI) and the SGX FTSE China A50 Index.
Sure, here are some additional information about SGX:
SGX was formed in 1999 through the merger of two established exchanges in Singapore, the Stock Exchange of Singapore (SES) and the Singapore International Monetary Exchange (SIMEX).
As of 2021, SGX has more than 900 listed companies with a total market capitalization of over S$1.3 trillion.
SGX is known for its strong focus on derivatives trading, particularly in the areas of equity index futures and options, commodity derivatives, and foreign exchange derivatives.
In recent years, SGX has also been expanding its offerings in sustainable finance, including green bonds, sustainability-linked bonds, and ESG-related indices.
SGX is regulated by the Monetary Authority of Singapore (MAS), which oversees the financial industry in Singapore and promotes the country as a global financial hub.
SGX is also a member of the World Federation of Exchanges (WFE), which is a global industry association for exchanges and clearinghouses.