SGX Announces List Of 15 Single Stock Futures

Singapore Exchange (SGX) today announced the list of 15 single stock futures to be traded on its derivatives market.

These futures contracts will be based on underlying blue chip stocks listed on SGX's securities market. The 15 stocks are:

1. Capitaland Limited
2. Chartered Semiconductor Manufacturing Limited
3. City Developments Limited
4. DBS Group Holdings
5. Fraser & Neave Limited
6. Keppel Corporation Limited
7. Oversea-Chinese Banking Corporation Limited
8. Neptune Orient Lines Limited
9. SembCorp Industries Limited
10. Singapore Airlines Limited
11. Singapore Telecom Limited
12. Singapore Press Holdings Limited
13. Singapore Technologies Engineering Limited
14. United Overseas Bank Limited
15. Venture Manufacturing (Singapore) Limited

The actual launch date of the futures contracts will be announced at a later date.

The Exchange has lined up a series of educational seminars, the first of which will be held on Saturday 18 August 2001 to educate the public on the uses of this new instrument in trading and risk management. Thus far, the Exchange has seen overwhelming response of its first seminar and is expecting over 400 investors to attend.

Single stock futures Broker Qualification Programs are also being organised from September 2001 to prepare Dealer Representatives of Securities Members.