Philip Chua Business Blog

Posts Tagged ‘singapore exchange’

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

THE weighting of Asean markets in most global portfolios seems small due to a perceived lack of investment opportunities, low liquidity and weak investor relations in the region, Singapore Exchange chief executive Magnus Bocker said yesterday.
He raised this point from an unnamed study of investor perceptions of regional markets that highlighted the attractiveness of Asean markets at the same time… 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

IT’S earnings season and most of the focus rightly is on the financial numbers reported by companies.
So far, the figures haven’t been bad. At the end of last week, the combined net profit of $693.4 million for the 21 Singapore Exchange-listed companies that have filed results for Q3 2009 was a 24.6 per cent increase over the same period last year. Of the 21 companies, 13 reported higher profits … more

(SINGAPORE) After reports that some Singapore-listed Chinese companies or S-chips were seeking secondary listings in Hong Kong and the United States, it has emerged that some of them have pinned their hopes on Taiwan.
Industry sources told BT that they have gained mandates from both Singapore and Chinese companies listed on Singapore Exchange (SGX) to issue Taiwan Depository Receipts (TDRs) to Tai… 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

THE 30 constituent stocks of the widely watched Straits Times Index (STI) will remain unchanged after a half-yearly review.
The STI is one of the indexes in the FTSE ST Index series owned by Singapore Press Holdings, the Singapore Exchange and Britain’s FTSE Group. The regular reviews aim to ensure the STI and the other indexes accurately reflect the market.
In the previous review, in March, prope… more