With this electronic link, over 250,000 investment professionals using 157,000 Bloomberg desktop terminals around the world will enjoy fast and easy access to the region's widest range of risk management and investment tools. The link will also provide SGX-DT members with an alternative to dedicated trading terminals and leased lines, ultimately resulting in better employment of resources, cost-savings and increased efficiency.
Mr Thomas Kloet, CEO of SGX said, "This partnership allows SGX to leverage on Bloomberg's extensive distribution network to provide our members and their customers easy global access to SGX-DT's contracts, thereby adding liquidity to our market. This initiative, together with the recent opening of internet access to SGX ETS, is a significant step in the exchange's efforts to extend the global reach of our derivatives products."
"The connectivity with the SGX ETS is further evidence of the rapid globalisation of electronic futures trading", said Mr Alex Bruce, Manager of Bloomberg Singapore. "Over 250,000 investment professionals worldwide who use the Bloomberg Professional will now get direct access, better transparency, faster executions and easier trade processing when trading SGX's derivatives contracts on the SGX ETS", he added.
Five SGX-DT member firms have confirmed that they will provide access to the SGX-ETS via Bloomberg terminals. They are Cargill Investor Services Singapore, HSBC Futures Singapore, JP Morgan Futures, OCBC Bullion and Futures, and OUB Bullion and Futures.
SGX derivatives contracts which can be traded via Bloomberg terminals include Euroyen Futures, Japanese Government Bond (JGB) Futures, Nikkei 225 Futures, Nikkei 300 Futures, MSCI Taiwan Index Futures, MSCI Singapore Index Futures, Straits Times Index Futures and S&P CNX NIFTY Index Futures.
