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SGX Earns Three Further Awards; President Receives Lifetime Achievement Award

Date 26/09/2019

  • Awarded ‘Exchange of the Year’ and ‘Exchange of the Year – Derivatives’ at FOW and Global Investor Asia Capital Market Awards 2019
  • Recognised as ‘Asia-Pacific Derivatives Exchange of the Year’ by GlobalCapital for sixth consecutive year

Singapore Exchange (SGX) received another three awards this week, as it continues to gain recognition for its innovation and commitment to help clients in their portfolio risk management. 

FOW and Global Investor Asia Capital Markets Awards 2019

The FOW and Global Investor Asia Capital Market awards are an extension of FOW’s longstanding awards for Asia to celebrate performance and exceptional service or innovation to clients and the industry. FOW, which is part of the Global Investor Group, is a leading publication for the global futures and options industry.

The annual awards event, held on 25 September in Singapore, saw SGX win the ‘Exchange of the Year’ and ‘Exchange of the Year – Derivatives’ awards. SGX’s President, Muthukrishnan Ramaswami (Ramu), who is retiring at the end of September, also received its 2019 Lifetime Achievement Award in acknowledgement of his contribution to the industry. 

GlobalCapital Global Derivatives Awards 2019 

Leading news, opinion and data service provider GlobalCapital’s annual Global Derivatives Awards recognise the institutions, products and services that have bettered the global derivatives markets. SGX’s commitment to innovation and development of pertinent risk-management tools for its clients, led to it clinching the ‘Asia-Pacific Derivatives Exchange of the Year’ award for the sixth consecutive year. The awards event was held on 25 September in London. 

Loh Boon Chye, CEO of SGX, said, “The needs and expectations of our clients continue to be our number one priority and we are gratified that our risk-management offerings have earned the accolades of the community. As a global, multi-asset exchange, we pride ourselves on providing international investors with unfettered and efficient access to Asian emerging markets through innovative and tailored products, across multiple asset classes. This is particularly important as investors navigate increasingly challenging global markets. 

“We are also incredibly proud that our President received the prestigious Lifetime Achievement Award from FOW and Global Investor Group. Ramu has been with SGX for 12 years and this award is a testament to his valuable contributions in not only advancing the derivatives industry in Asia but also helping to develop SGX into Asia’s most international multi-asset exchange.”

In August, SGX was awarded “Best FX Exchange in Asia” and “Best FX Clearing House in Asia” by FX Week. Earlier this month, the Exchange was named “Derivatives Exchange of the Year” by Asia Risk for the sixth year running.