It notes that SGX is well positioned to benefit from multiple structural trends that are driving demand for risk-management products.
As the Singapore Exchange (SGX) continues to implement its multi-asset strategy, Maybank Kim Eng has initiated coverage on the bourse operator with a “buy” rating and target price of $10.77.
The brokerage believes that SGX’s evolution into a "pan-Asian, multi-asset" platform offering derivatives, fixed income and alternative products provides an opportunity to investors.
