Posts Tagged ‘SGX’
Don’t front-run, SGX warns brokers
April 4th, 2010 | 
Author: THE Singapore Exchange (SGX) has warned brokers against profiting from inside information of pending customer orders.
SGX highlighted the practice of front-running – a trading misconduct that occurs when a broker does a personal trade on a stock on the knowledge that his client wants a trade executed on the stock later.
‘There is an opportunity to profit by trading in advance of customers’ large o… more
Posted in Singapore Financial News | 
Tags: advance, broker, client, customer, customer orders, exchange, information, knowledge, misconduct, opportunity, personal trade, practice, SGX, Singapore, singapore exchange, stock, trade, trading | 
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Price targets for SGX cut ahead of results
BROKERS have cut their share price targets for the Singapore Exchange (SGX), ahead of its quarterly results next week, predicting earnings will be hit by weaker trading volumes.
But they also believe the exchange could benefit from an economic upturn and the stewardship of new CEO Magnus Bocker.
CIMB, in a research report, cut its target price for SGX to $8.38 from $8.83 and lowered its FY2010-12 … more
Posted in Singapore Financial News |
Tags: bocker, BROKERS, CEO, CEO Magnus Bocker, cimb, earnings, economic upturn, exchange, magnus, price, price targets, quarterly results, report, research, SGX, share, share price, Singapore, singapore exchange, stewardship, target, target price, trading, upturn, week |
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Take more care with big orders, traders urged
TRADERS should pay more attention when handling large orders to prevent market manipulation, according to the Singapore Exchange (SGX) yesterday.
The bourse operator said trading members and representatives should query clients on orders that may ‘adversely impact the market’.
‘Trading members and trading representatives are free to employ different trading strategies,’ said the SGX in a note post… more
Posted in Singapore Financial News |
Tags: attention, bourse, exchange, impact, manipulation, market, market manipulation, note, operator, Post, query, SGX, Singapore, singapore exchange, TRADERS, trading, trading representatives, trading strategies, yesterday |
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SGX eyes bigger strides on commodities frontier
(SINGAPORE) Singapore Exchange will launch contracts for gold, coffee and fuel oil early next year and invest heavily to support high-tech trading, new chief executive Magnus Bocker said yesterday at a derivatives industry conference.
‘I think there is a great opportunity for Singapore and SGX to be more in the forefront of trading and clearing of energy products,’ Mr Bocker, who took over from Hs… more
Posted in Singapore Financial News |
Tags: bocker, chief executive, clearing, coffee, conference, contracts, Derivatives, energy, energy products, exchange, executive, forefront, fuel, fuel oil, Gold, gold coffee, industry, magnus, Magnus Bocker, Mr Bocker, oil, opportunity, SGX, Singapore, singapore exchange, singapore singapore, trading, year, yesterday |
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SGX to launch oil futures in next quarter
THE Singapore Exchange (SGX) will launch an oil futures contract in the first quarter of next year, said the exchange’s new chief executive Magnus Bocker yesterday.
This comes as the trading of instruments linked to commodities hots up here, with another commodities exchange set to start operations soon.
The new SGX contract – effectively a bet on the future price of oil – will be linked to bunker… more
Posted in Singapore Financial News |
Tags: bet, bocker, bunker, chief executive, commodities, contract, exchange, executive, first quarter, future price, futures contract, magnus, Magnus Bocker, oil, oil futures, price, price of oil, quarter, SGX, Singapore, singapore exchange, trading, year, yesterday |
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Can SGX manage the conflict?
IT HAS been reassuring to learn how the Singapore Exchange’s (SGX) Regulatory Conflicts Committee (RCC) reviews perceived and actual conflicts that could arise from the exchange’s status as a self-regulated organisation and its dual role as a listed company and a market regulator.
Among various things, the committee looked into how SGX handled the recent lapses at S-chips here and scrutinised deal… more
Posted in Singapore Financial News |
Tags: chips, committee, company, Conflicts, deal, dual role, exchange, lapses, market, market regulator, organisation, RCC, regulator, Regulatory, regulatory conflicts, role, SGX, Singapore, singapore exchange, status |
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