Philip Chua Business Blog

Posts Tagged ‘SGX’

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

(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

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

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

THE move by the Singapore Exchange (SGX) to change its clearing and settlement system for shares traded here is on hold after a systems glitch.
It has postponed the implementation of the proposed changes until a date yet to be announced, the bourse operator said in a statement yesterday.

Last month, SGX outlined changes to the Central Depository (CDP) settlement processes and penalty framework -… more

GAINING exposure to a blue-chip company need not mean buying its pricey shares listed on the Singapore Exchange (SGX).
Investors are making a beeline for an increasingly popular financial derivative product known as Contracts for Difference (CFDs), which enable them to ‘own’ these blue chips without having to stump up the full price of the stock.
Brokerages jostling for a slice of the action inclu… more

POOR share price performance and a lack of liquidity have prompted a handful of China firms here, or S-chips, to delist from the Singapore Exchange (SGX).
So far this year, Sihuan Pharmaceutical, Man Wah Holdings and ChungHong Holdings, among others, have taken steps to exit the local bourse.
One of the woes that S-chips here face is that they are trading at lower values than their counterparts in… more

THE Singapore Exchange’s (SGX) proposal to make it mandatory for controlling shareholders to disclose their pledged shares has been largely welcomed by industry watchers.
The SGX said on Saturday that controlling shareholders must disclose their share-pledging arrangements if the amount pledged is large enough to cause a change in control of the company.
Such shareholders must also disclose arrang… more

INDUSTRY players have given a guarded thumbs-up to new measures proposed by the Singapore Exchange (SGX) to beef up standards of corporate governance for listed companies.
But they also warn that fine-tuning would be needed to ensure listing costs do not become onerous.
SGX chief executive Hsieh Fu Hua announced on Saturday that chief financial officers (CFOs) and independent directors should be a… more

Tempted to jump into the share market because of good gains in recent months?
Investing, and profiting from it, though, needs work, said Singapore Exchange (SGX) chief executive Hsieh Fu Hua. To be successful in growing your investment portfolio, you must do adequate research and homework before making any financial decision, he said.
He gave this advice yesterday in a speech at the third annual S… more