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Singapore Exchange (SGX Group) is pleased to welcome Bright Point International Financial (SG) Pte. Ltd. to its derivatives market as a trading and clearing member.
Bright Point International Financial (SG) Pte. Ltd. is a subsidiary of BPI Financial Group Limited (BPI Financial), a boutique financial services firm. The company provides a full suite of financial services which include trading access to global markets, clearing of exchange traded and over-the-counter (OTC) products, inter-dealer brokerage services in OTC commodity markets, access to Chinese commodity derivatives markets, hedging solutions and structured trade services. It has a diverse client base comprising producers, traders, consumers and proprietary trading group.
Pol de Win, Head of Global Sales and Origination, SGX Group, said, “We welcome the addition of Bright Point International Financial (SG) Pte. Ltd. as our derivatives clearing and trading member. Their expertise and robust capabilities add greater depth and vibrancy to our market and ecosystem, especially in commodity derivatives where SGX has seen exceptional volume growth amid heightened risk management. We look forward to them bringing a new dimension to our marketplace as they diversify their offerings to more asset classes.”
Kenny Mah, Chief Executive Officer, BPI Financial Group, said, “We are delighted to join SGX Group as a Derivatives Trading and Clearing member. This achievement not only signifies a milestone for BPI Financial Group but also marks our commitment to expanding our market presence and providing diverse investment opportunities to our clients across the region. We look forward to expanding our collaboration with SGX for years to come.”
The addition of Bright Point International Financial (SG) Pte. Ltd. brings the total number of trading and clearing members in SGX’s derivatives market to 70 and 30 respectively.
