The Singapore Exchange (SGX) was formed on December 1, 1999 as a holding company. The share capital of some former exchange companies in Singapore, namely the Stock Exchange of Singapore (SES), Singapore International Monetary Exchange (Simex) and Securities Clearing and Computer Services (SCCS) was cancelled and reissued as the SGX.
The Singapore Exchange (SGX) is one of Asia’s leading and trusted market infrastructures, operating equity, fixed income and derivatives markets. As Asia’s most international, multi-asset exchange, SGX provides listing, trading, clearing, settlement, depository and data services, with about 40% of listed companies and 75% of listed bonds originating outside of Singapore.
The SGX is the world’s most liquid offshore market for the benchmark equity indices of China, India, Japan and ASEAN.
ICE Futures Singapore, established in 2000, operates as an approved exchange under the supervision of the Monetary Authority of Singapore (MAS). Governed by a robust regulatory and legal framework, ICE Futures Singapore offers regional hedging opportunities across financial and commodity derivatives for market participants to manage risk in a regulated, transparent market.
On May 5, 2016, the Singapore Diamond Investment Exchange (SDiX) began trading as the world’s first and only commodity exchange for physically settled diamonds. The SDiX platform aims to standardize global trading in diamonds as an asset class and to unlock new investment opportunities for global investors.
The exchange represents the most significant change in global diamond trading practices in hundreds of years. The platform is designed to enable accredited investors to trade diamonds as an asset class for the first time by providing an independent, electronic and regulation-ready global market that creates a transparent price discovery mechanism for diamonds. As a result, banks, financial firms and investors will, for the first time, have a benchmark price to value diamonds as an asset.