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Singapore Exchange said to mull tie-ups as deals grow harder

Bloomberg Published on Thu, Mar 30, 2017 / 4:57 PM GMT+8

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SINGAPORE (March 30): Even as regulators crack down on yet another round of consolidation among exchange operators, at least one major bourse is still keen to pursue deals.

Singapore Exchange, which runs Southeast Asia’s largest stock and derivatives market, has in recent months held exploratory talks about possible tie-ups with overseas exchange operators, people familiar with the matter said.

Discussions with parties including Nasdaq Inc. and CME Group Inc. have ranged from potential collaborations to the sale of a stake in the company or even a full merger, the people said, asking not to be identified as the details aren’t public.