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Tag Archives: Singapore Exchange

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…

Singapore bourse offers to link up with Chinese futures trading venture; Twitter Teams Up With Bloomberg for Streaming News; Calypso and R3 successfully test FX trade matching on Corda DLT platform John Lothian Newsletter,Newsletter

First Read Trading Technologies Goes Big with TT Desktop Anthony Malakian – WatersTechnology TT CEO Rick Lane talks with Waters about the vendor’s new desktop offering, which can accommodate 18 monitors, if not more. Prior to this release, the TT platform was only available through a single browser window. While this was suitable for most of the company’s user base, more sophisticated traders found this setup to be cumbersome. /goo.gl/jy23fq **JK: Time to revive the “Big Dog” T-shirts. ++++ Bridging the Week by Gary DeWaal: Registration Forms; Social Networking; Recordkeeping; Exchanges Expenses www.bridgingtheweek.com It was a light week for news…

2016 Exchange CEO Series: SGX’s Boon Chye Expanding With New Products, New Platform in 2016 Video

Loh Boon Chye took over the Singapore Exchange CEO post in July 2015 with a focus on growing the overall business in derivatives, clearing and equities. But he faces headwinds across the asset classes as China’s economy slows. Boon Chye, however, believes the exchange is well positioned to move forward in 2016. SGX has made a name for itself by introducing equity index futures with the Nikkei 225 futures, among others. The exchange now is broadening its China product suite with the introduction of a series of equity derivatives based on MSCI indexes including the MSCI China Free Index. The…

Sweet 16: The Tops for 2016 Special Report

At last fall’s FIA Expo Chicago, John Lothian News partnered with Cinnober Financial Technology to  bring you industry conversations, where we conduct short interviews with industry participants on the important topics facing the financial markets. The 2015 theme is “Sweet 16: The Tops For 2016.” What technology, regulation, exchange or macroeconomic issue or trend will be most important to our industry next year? We will take the 16 best ideas and thoughts and package them in a John Lothian News video series. Here is what our participants had to say: Part 1 – Exchanges: Exchange leaders will be dealing with…

New Captain: SGX’s Boon Chye Navigates Tough Asian Markets Financials,Interview

Loh Boon Chye took the reins as CEO of Singapore Exchanges (SGX) in July. A former SGX board member and Bank of America Merrill Lynch’s deputy president and head of global markets in Asia Pacific, he said there is much opportunity for the exchange to grow, and perhaps even benefit from the competition that has moved in around him from ICE and others. Boon Chye spoke at SGX’s headquarters with JLN Editor-in-Chief Jim Kharouf about his management style, the game plan for the exchange going forward and just where SGX fits in the global market landscape. Q: You took the…

Sweet 16: The Tops For 2016 – Exchanges Interview,Regulation,Special Report,Video

Exchange leaders will be dealing with big changes at their respective companies in 2016, from launching new competing markets and dealing with new regulation to integrating new data acquisitions to expanding across different time zones. In JLN’s Sweet 16, we spoke with Michael Davie, Terry Duffy, Jeff Sprecher and Rama Pillai about the top exchange priorities for 2016. If we could sum up each gentleman’s answer in two words they would be: Davie – margin efficiency Duffy – regulatory certainty Sprecher – data integration Pillai – remote access And our two words? Please watch.

Out of Chaos: ICE’s Sprecher Says Exchange Is Set For Growth Interview,Regulation,Tech / HFT,Video

The Intercontinental Exchange Group had a record 2014, but for CEO Jeff Sprecher “boy, it was a chaotic year.” ICE posted revenues of $3.01 billion last year from transaction and clearing fees, as it consolidated operations from the 2013 NYSE Euronext acquisition, navigated changing regulations, handled energy market volatility and eyed its Asian expansion. Sprecher, who spoke with JLN editor-in-chief Jim Kharouf at the FIA Boca conference, said regulation will continue to be a strong influence on the marketplace in 2015. But ICE is not waiting for the US and European rulemaking process to reach its conclusion. The exchange plans…

Exchange CEO Series – Singaporean shift: SGX’s Magnus Bocker says region is primed for growth Interview,Regulation,Video

SGX CEO Magnus Böcker has seen tremendous growth at his exchange over the past year and the Singapore market is poised to expand further in the coming year. Böcker, who sat down with JLN editor-in-chief Jim Kharouf at the FIA Boca Conference this month, said SGX has increased its derivatives volume 40 percent in 2013 and is exploring a host of new partnerships and initiating new product launches. He said that competition is wide open in Asia, unlike other developed markets where the battle over contracts, marketshare and services is a battle on each front. “When we look into competition…

John Lothian Newsletter: CME Is ‘On Track’ With Aluminum Contract as Premium Trade Surges; Exchanges Spar Over Data System; Singapore to introduce new trading rules John Lothian Newsletter,Newsletter

First Read Rick Lane Q&A: How Trading Technologies plans to revolutionize trading Rick Lane has been looking into the future for some time now. The former co-founder of Tickit Trading, which was acquired by Trading Technologies in 2010, has quickly risen from chief technology officer in April 2012 to the new CEO of TT. As CTO, he’s also been busy overseeing a major rebuilding of TT’s technology, which is soon to be unveiled. Now he now succeeds industry legend Harris Brumfield, who has run the company for the past 11 years. Brumfield will take on the role of chairman of…