Singapore Exchange (SGX) welcomes Dot Commodity of Japan to its derivatives market as a Trading Member.
Mr Rama Pillai, Head of Sales and Distribution at SGX said, “We are pleased that Dot Commodity, Japan’s top commodity futures broker by volume, has joined our derivatives market. With Dot Commodity as an SGX member, we look forward to wider distribution of our commodity futures products in Japan. We are also delighted that Dot Commodity has chosen SGX as the first exchange it is joining outside of Japan.”
Mr Jin Funada, President of Dot Commodity said, “Dot Commodity is excited to become a Trading Member of SGX derivatives market as we expand our product offerings and look forward to building a stronger presence in Asia. As Japan’s largest commodity futures broker, Dot Commodity is committed to further expanding our commodity derivative business and this is an important step in achieving our goals.”
The addition of Dot Commodity brings the number Trading Members in the derivatives market to 33. SGX derivatives market also has 36 Clearing Members. In addition, the securities market has 30 Trading Members and 29 Clearing Members.