The Singapore Exchange, in partnership with global index, data and analytics provider FTSE Russell, will launch more derivative products here.
This comes after SGX and FTSE Russell signed an agreement to broaden and deepen their long-term partnership to deliver new Asian multi-asset solutions.
Both parties will jointly develop and market an Asian and emerging markets focused, multi-asset index derivatives offering.
The core products will be anchored around FTSE Russell’s global benchmark indices for fixed income, listed real estate, global equities and currencies.
SGX says the core products will meet institutional investors’ demand for solutions in multi-asset, ESG, dividend, sector and duration strategies.
SGX had previously partnered FTSE Russell to introduce the popular FTSE China A50 Index Futures in 2006.
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The local bourse operator had also collaborated with FTSE Russell and Singapore Press Holdings to relaunch the Straits Times Index in 2008.
“With this expanded agreement with FTSE Russell, we will develop more unique tools to match evolving investor needs,” says Loh Boon Chye, SGX CEO.
“We are excited to bring our strategic partnership with FTSE Russell to a new level,” he adds.
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Waqas Samad, CEO FTSE Russell & Group Director, Information Services, LSEG, says he is “delighted” with the broaden and deepened partnership with SGX.
“As a leading provider of investment decision making tools, including the global, multi-asset class FTSE Russell indexes, we are committed to working with our exchange partners around the world in developing the risk management markets that help global investors efficiently manage their investment process,” he says.
On August 20, shares in SGX closed 8 cents lower or 0.9% down at $8.57 with 2.70 million shares changed hands.
