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Tag Archives: iron ore

Looking for Continued Growth, SGX Goes West Asia/Pacific,Commentary,Exchanges, OTC & Clearing,Feature

Singapore Exchange has had a good stretch of late. The exchange’s fiscal first quarter results were reported on October 25, showing approximately $149 million in revenues, a 7 percent year-over-year increase, and net profits of $66 million, a 9 percent year-over-year rise. In a move to bolster such growth, SGX announced the opening of SGX America and a corresponding Chicago office on October 17. The opening represents the exchange’s first brick-and-mortar presence in the United States. The office may have started with just two people in a temporary workspace, but SGX CEO Loh Boon Chye sees the American branch as…

Shining Star: SGX’s Ramaswami Says Asia Risk Mitigation Still In Early Stages Interview,Tech / HFT,Video

When exchanges look at growth areas, Asia gets top ranking. The Singapore Exchange, which has positioned itself as the Asian gateway for international traders over the past 30 years, now sees great potential in the decades ahead. Muthukrishnan Ramaswami, president of SGX spoke with John Lothian News editor-in-chief Jim Kharouf at the FIA Boca conference, and said the exchange is ready to expand geographically through technology upgrades and by asset class as well, especially in FX and commodities. SGX’s derivatives exchange posted record volume of 120.3 million contracts in 2014, up 7.4 percent from a year earlier, according to the…

Five Minutes With Chris Gale, Latin Resources Limited Interview,Metals

Chris Gale is the CEO of Latin Resources Limited, an iron ore and gold exploration company based in Perth, Western Australia. Latin Resources uses mineral sands technology to process iron ore and other materials at its Guadalupito project in the northern desert of Peru. Gale talked to editor/producer Nicole V. Rohr about the company’s reasons for using offshore mining and mineral sands production and about its future plans in Latin America. Q: What is the history of Latin Resources Limited? A: We started the company back in March 2008 in Perth in Western Australia, and I’ve been investing in mining…