SGX to launch Asian currency futures, options on China A50 futures in Q3 2014
Published on Mar 12, 2014 9:51 AM
The Singapore Exchange (SGX) will launch more derivative products in the third quarter of this year to expand its offerings and cater to investors' needs.
It said on Wednesday that it will introduce a new set of Asian currency futures, which will include currency futures contracts on Chinese renminbi (RMB), Japanese yen and Thai baht.
The bourse also aims to launch options on its SGX China A50 futures, the only internationally accessible futures on China A-shares.
SGX said the trading of the new Asian currency futures on a regulated exchange platform will promote greater transparency and "better serve investment and risk management needs in the Asian time zone".
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