, Singapore

SGX inks MSCI Singapore license agreement

It will also launch 10 Singapore Single Stock Futures products.

Singapore Exchange (SGX) has signed a license agreement with MSCI Singapore to list four products, including SGX MSCI Singapore Free Index (SiMSCI) futures, options and net total return contracts, which will continue to be listed on SGX after February 2021.

Also read: SGX plunges most in 17 years as MSCI signs pact with HKEX

Furthermore, it also announced that it will launch 10 Singapore single stock futures (SSFs) on 15 June, in response to growing client demand for a broader suite of Singapore-linked equities products.

The list of underlying securities for the SSFs are ComfortDelGgro, DBS, Genting, Keppel, OCBC, Singtel, Thai Beverage, UOB, Wilmar and Yangzijiang Shipbuilding. Most of these securities are also SGX MSCI Singapore Free Index (SiMSCI) stocks.

“We integrated our cash equities and equity derivatives businesses a year ago, to form a single expanded platform capable of scaling product and service innovation for our clients,” said Michael Syn, head of equities at SGX said.

SGX noted that the index trading activities between the SGX cash equities market and the SiMSCI futures reached a record high of almost $650m in a single day in the past few months.

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.


The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.


So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.