About three months ago, the Singapore Exchange (SGX) announced that the MSCI licence to most of its derivatives products will expire and not be renewed. The unexpected announcement drew concern from investors who use these products for hedging purposes, and analysts turned cautious on SGX on the impending loss of revenue. But some of these concerns may now be put to rest, following a deeper and broadened partnership with another global index provider.
THE EDGE SINGAPORE - Quoteworthy: “This can’t be another woulda, coulda, shoulda election. No matter what, vote.” –— Hilary Clinton, who is urging Americans to make their views count at the ballot box. She was endorsing Joe Biden as the challenger to US president Donald Trump. She was beaten by Trump back in the November 2016 election.
