Singapore Exchange Limited (“SGX”) confirms that Lehman Brothers Pte Ltd (“LBPL”) does not have any outstanding financial obligations owing to the Singapore Exchange Derivatives Clearing Ltd (“SGX-DC”) and The Central Depository Pte Ltd (“CDP”).
All LBPL’s securities positions have been settled with CDP. Its derivatives house positions have been closed out and customers’ positions successfully transferred to other brokers.
SGX remains vigilant in monitoring the financial resources and risk exposure of our Members. This is part of SGX's on-going efforts to maintain the orderly functioning of the markets.
