Singapore Exchange (SGX) has been awarded “Derivatives Exchange of the Year” by Asia Risk magazine, securing the prestigious title for a third straight year. This adds to the exchange retaining two accolades in September – “Asian Exchange of the Year” by Futures & Options World (FOW) and “Asia-Pacific Derivatives Exchange of the Year” by GlobalCapital.
Asia Risk announced the awards at a gala dinner on 6 October in Singapore. The magazine lauded the SGX FTSE China A50 Index Futures contract, the only offshore A-share futures market, for offering investors a product to navigate risk during periods when price formation was a challenge. Asia Risk also highlighted how SGX’s Nifty Bank Index futures launch, as well as the robust growth in the volume of its ASEAN contracts, “cemented its position as Asia’s offshore investment centre.”
Loh Boon Chye, Chief Executive Officer of SGX, said, “We are honoured to receive continually strong industry recognition for our efforts, underpinned by innovation in our delivery of risk management products and the strength of our clearing house. We thank our partners and customers for their support and remain committed to enhancing our products to serve the global markets.”
On 22 September, SGX won “Asian Exchange of the Year” for a second year running at the FOW International Awards in Singapore. The SGX TSI Iron Ore CFR China contract for Commodities and the SGX MSCI China Index contract for Equities were each named “Most Innovative New Contract.” In December 2015, SGX was awarded “Global Exchange of the Year” by FOW, a news and data service for the international futures and options industry.
SGX was named “Asia-Pacific Derivatives Exchange of the Year” for a third straight year by GlobalCapital, a news, opinion and data service for the international capital markets. The award, announced on 20 September in London, recognises the initiatives of teams within companies to adapt to challenges faced by the derivatives market. The GlobalCapital platform includes key publications from the Euromoney Institutional Investor Group such as Asiamoney, Total Securitization and Derivatives Week.
