Singapore Exchange (SGX) has been named “Asia-Pacific Derivatives Exchange of the Year” by GlobalCapital on September 23 in London.
This is the seventh consecutive year the exchange has won the award.
Demonstrating its role as a flight-to-quality marketplace over Covid-19-roiled global markets, SGX kept its platforms open round-the-clock to enable investors to react to news and risk-manage their portfolios.
“This has been a year of huge challenges for market participants and operators alike, which makes retaining this accolade all the more meaningful for us. SGX’s platforms are always ready – not only for day-to-day price formation, risk management and wealth management, but for periods of record volatility as we have experienced,” says SGX’s head of equities Michael Syn.
Shares in SGX closed 5 cents lower, or 0.6% down, at $8.93 on September 23.
