SGX Named “Asia Exchange Of The Year” At Structured Products Awards 2017

Singapore Exchange (SGX) has been named “Asia Exchange of the Year” at the Structured Products Awards 2017. Structured Products Magazine, a Risk.net publication, unveiled the winners yesterday.

The Structured Products Awards celebrate excellence across the structured products industry in recognition of the strongest technology vendors, index and ETF providers, as well as exchanges.

The Asia Exchange of the Year award recognises SGX’s contribution to the Asian marketplace as it became the first Asian Exchange to offer trading in Daily Leverage Certificates (DLCs) in July 2017. The first set of DLCs listed on SGX were issued by Societe Generale, offering Specified Investment Products (SIP)-qualified investors an exchange-traded instrument to capture leveraged returns on daily market moves of key Asian indices, including MSCI Singapore, Hang Seng Index and Hang Seng China Enterprises Index.

DLCs have received wide interest from investors in Europe where they are also called constant leveraged products or factor certificates. 

Chew Sutat, Head of Equities and Fixed Income, SGX, said, “We are honoured to be recognised by the industry for bringing to Asia a first-of-its-kind product class that has gained strong investor interest in other markets globally. Building on this momentum and in keeping up with the evolving investment appetite and needs of Asian investors, we look forward to widening our product suite and continuing our long-standing investor education efforts.”