MSCI

More than half, or 53% of the respondents, believe that the initial volatility caused by the coronavirus crisis as driven more by sentiment than by fundamentals.

Singapore’s role as a regional equity derivatives trading centre may be curtailed after it lost a major index-licensing deal to Hong Kong.

SGX CEO Loh Boon Chye maintains that the exchange has in place a well-diversified, well-positioned portfolio of products plus a pipeline of new ones that will keep both market participants and investors interested.

SINGAPORE (May 28): The unexpected reduction in the Singapore Exchange’s (SGX) licence agreement with MSCI – in apparent favour of the Hong Kong Exchange (HKEX) – has prompted many analysts to downgrade their recommendation on SGX.

Shares in Singapore Exchange Ltd. plunged after MSCI Inc. announced it will move licensing for derivatives products on a host of gauges to Hong Kong from Singapore.

Singapore Exchange (SGX) will reduce its licence agreement with MSCI from February 2021, it said in an announcement on Wednesday.

Tactical asset allocation and index futures in a market crisis

BEIJING (June 13): China on Tuesday adjusted rules to make it easier for qualified foreign investors in Chinese stocks and bonds to move money out of the country, in Beijing’s latest step to open up its capital markets.

(Feb 23): India’s biggest exchange operator, which cut ties with its international counterparts in an effort to rein in offshore derivatives, warned index compilers about involving themselves in the dispute.

(Aug 8): Both emerging-market currencies and stocks shrugged off the biggest rally of the year by the US dollar on Friday. While the greenback’s gain may only be a blip, if it’s a longer trend, equities may have the most on the line.