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Haitong International becomes SGX trading member

Published on Mar 25, 2014 9:16 PM

HAITONG International Securities (Singapore) is now a trading member of Singapore Exchange's (SGX) securities and derivatives markets, the local bourse operator announced on Tuesday.

Haitong International is a unit of Haitong Securities, a leading securities company in China and one of its largest brokers.

The total number of trading members in the securities market is now 25, and 45 trading members in the derivatives markets.

Mr Chew Sutat, SGX head of sales and clients, said in a statement: "At a time when China is rapidly developing its financial markets and economy, we are pleased to have firms like Haitong join our markets as a Member.

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