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Singapore Exchange (SGX Group) is pleased to welcome CLSA Singapore Pte Ltd to its derivatives market as a trading member. CLSA Singapore is currently a trading and clearing member in SGX’s securities market.
As a group, CLSA provides corporate finance and capital markets advisory, asset management, wealth management and securities services to global corporate and institutional clients. Headquartered in Hong Kong, the firm has offices in 21 cities across Asia, Australia, Europe and the United States, and is the leading and longest running brokerage and investment group in Asia. Its parent company, CITIC Securities, is the largest securities company in China, with businesses covering investment banking, brokerage, securities trading and asset management.
Pol de Win, Senior Managing Director, Head of Global Sales and Origination, SGX Group, said, “Over the years, CLSA has developed a strong reputation as an institutional brokerage and research house within Asia, providing valuable and deep insights supporting investment decisions. CLSA Singapore has been a solid partner to SGX for many years, and we look forward to strengthening our collaboration with them in the derivatives market to meet the investment and risk management needs of all our market participants.”
Liang Shi, Head of FICC, CITIC CLSA, said, “We are excited to launch in Singapore, CITIC CLSA’s derivatives trading participation in one of the fastest growing derivatives markets in Asia across FICC asset classes. Our SGX DT membership is an important milestone of our international growth agenda, and we look forward to creating greater liquidity in the market and promoting more FICC risk management products.”
The addition of CLSA Singapore brings the total number of trading members in SGX’s derivatives market to 67. SGX derivatives market also has 27 clearing members.
