Tag: SGX


SGX Partners with Baton on Collateral Workflow

Singapore Exchange (SGX) has integrated with Baton Systems, a provider of post-trade solutions for capital markets, to automate and standardise the end-to-end collateral workflow for its clients. Baton’s platform normalises and harmonises data and collateral workflows for integrated central clearing counterparties (CCPs). As a result, SGX’s clients will have access to consolidated intra-day information in […]

SGX, CryptoCompare, Unveil Crypto Indices

Singapore Exchange (SGX) has unveiled a partnesrhip with collaborating with UK-based cryptocurrency market data provider CryptoCompare, to launch crypto indices under the SGX iEdge index suite, namely the iEdge Bitcoin Index and iEdge Ethereum Index, as the first batch of such indices. According to research data by CryptoCompare, the total assets under management (AUM) globally of digital asset […]

SGX Partners with Cassini Ahead of Uncleared Margin Rules

Singapore Exchange (SGX) and Cassini Systems, which provides pre- and post-trade margin and collateral analytics for derivatives markets, have partnered to provide a free service for SGX market participants, to help them prepare to meet the Uncleared Margin Rules (UMR) requirements. Under the agreement, SGX will use Cassini to provide market users with complementary analyses to determine […]

SGX, FTSE Russell to Collaborate in New Asian Indices

Singapore Exchange and FTSE Russell have signed a long term strategic paertnership agreement that will see the firms launch new Asian and Emerging Markets focused, multi-asset index derivatives offerings. The core products will be anchored around FTSE Russell’s global benchmark indices for fixed income, listed real estate, global equities and currencies, catering for expansion to […]

Primary FX Venues See Volume Drop

The primary spot FX venues had mixed fortunes in July, with Refinitiv Matching and EBS decreasing and CME offering mixed news. Refinitiv says spot average daily volume (ADV) was $74 billion in July, a 10.8% decrease from June as well as 7.5% drop from July 2019. It was the platform’s equal quietest month of the […]

Mixed Data from Primary FX Venues

The three primary FX venues have all followed the first group of platforms to report average daily volume (ADV) with a month-on-month rise, however unlike the latter, year-on-year turnover is lower. EBS, which is owned by CME Group, reports ADV of $69.3 billion in June, a 22.2% rebound from the horrible May data, but still […]

SGX Completes Ownership of BidFX

Singapore Exchange, (SGX) is to acquire the 80% of OEMS provider BidFX that is does not already own. The exchange initially bought a 20% stake in March 2019 and has now taken the entire company in a deal valued at $128 million. The deal, which is expected to complete in July 2020, was the result […]

FX Platforms Hit New Peaks in March

As expected, FX platforms saw a leap higher in average daily volume (ADV) during the market’s version of March Madness, with the first five to report data hitting new highs as well as establishing new individual day records. Deutsche Borse’s 360T reports spot FX ADV of $36.9 billion, a 36.2% increase from February, which was […]

SGX FX Futures See Robust Start to 2020

Singapore Exchange (SGX) reports strong January FX futures volumes. The exchange notes volume increases in both USD/CNH and USD/INR in particular. Total notional volume for FX futures during January was US$126 billion, a 17% increase from the $105 billion reported for January 2019. Meanwhile, the volume of contracts traded grew by 21%, from 1.9 million […]

Mixed News from FX Platforms

FXSpotStream, Integral and Singapore Exchange (SGX) have released their first volume data for the year and it is a real mixed bag, with one up month-on-month but down year-on-year and the other two down from December but up from January 2019. FXSpotStream says its average daily volume was $37 billion in January, taking the 21 […]

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