Singapore Exchange (SGX) Group has welcomed eBest Investment & Securities Co. Ltd as a trading member of its derivatives market.
With its latest admission, SGX Group’s derivatives market now has 67 trading members and 27 clearing members.
eBest Investment & Securities, which was founded in 1999, is one of the top brokerage firms in South Korea that provides investment brokerage and financial related services. eBest is said to be serving some of the largest institutions and corporates, as well as retail investors in Korea today.
“Since its inception, eBest Investment & Securities has established itself as one of the fastest growing brokerage firms in South Korea. Its strong client network in the country, coupled with rising appetite from Korean investors for investment and risk management tools, will further enhance our derivatives ecosystem. We look forward to deepening our relationship with eBest Investment & Securities,” says Pol de Win, senior managing director, head of global sales and origination, SGX Group.
Kim Won Kyu, CEO of eBest Investment & Securities, says, “eBest Investment & Securities is pleased to become a derivatives trading member of SGX Group to expand its presence in the global financial markets for greater growth. We believe the two companies will enjoy mutual success from our partnership.”
Shares in SGX closed 8 cents lower or 0.87% down at $9.08 on Nov 16.
