Mr Benjamin Foo, Senior Vice President and Head, OTC Clearing Business of SGX said, "We are pleased to partner with Forward Market Curve Limited to receive its consolidated prices from various OTC oil brokers active in the Asian time zone. These prices would be very useful as a reference for daily valuation purposes in our OTC oil clearing activities."
Mr Bob Ellison, Chief Executive Officer of Forward Market Curve Limited said, "Forward Market Curve Limited is delighted to have this agreement with the Singapore Exchange. We are pleased to work in close partnership with SGX in its development of OTC Clearing that should enhance the OTC oil business and market activity in Asia."
