Singapore Exchange (SGX) today welcomed Hong Kong-based Qantex Capital Markets (Qantex Capital) to its derivatives market as a Trading Member.
Michael Syn, Head of Derivatives at SGX said, “We warmly welcome Qantex Capital to our expanding derivatives market and look forward to their participation as we continue to grow our global distribution.”
Simon Harman, CEO of Qantex Capital, said, “We are pleased and honored to be admitted as a Derivatives Trading Member of SGX. SGX plays a key role in the development of the derivatives markets both globally and within Asia, and we look forward to working with the exchange to better serve our customers across the globe.”
The admission of Qantex Capital brings the total number of Trading Members in SGX’s derivatives market to 59. The derivatives market also has 23 Clearing Members. In addition, there are 11 Clearing Members for OTC-traded financial derivatives. In the securities market, there are 27 Trading Members and 25 Clearing Members respectively.
