
Yongan Group is SGX Group's newest derivatives clearing member
There are now 31 clearing members in SGX Group’s derivatives market.
Singapore Exchange (SGX Group) has welcomed Yongan International Financial (Singapore) Pte. Ltd. as its newest derivatives clearing member.
Yongan International Financial (Singapore) is a wholly owned Singapore subsidiary of Xin Yongan International Financial Holdings Ltd., which is incorporated in Hong Kong.
The Yongan Group provides a wide range of financial services, including commodities futures and financial futures brokerage, to a substantial and diversified client base that includes corporations, financial institutions, and individuals.
“We look forward to working closely with SGX in the long term as a key gateway for our clients and services in the region,” said Huang Zhi Ming, chairman of Yongan Group.
With the addition of Yongan International Financial (Singapore), there are now 31 clearing members in SGX Group’s derivatives market.