SINGAPORE EXCHANGE ENTERED INTO A NEW AGREEMENT WITH MSCI ON DERIVATIVES

ON 23 JULY, THE SINGAPORE EXCHANGE AND MSCI ENTERED INTO A NEW AGREEMENT TO FURTHER DEEPEN THEIR PARTNERSHIP, WHICH ALSO MARKED A SIGNIFICANT EXPANSION OF THEIR DERIVATIVE PRODUCTS. ACCORDING TO THE SINGAPORE EXCHANGE EXECUTIVE, THE SINGAPORE EXCHANGE WILL WORK WITH MSCI TO ADD UP TO 100 FUTURES AND OPTIONS CONTRACTS TO ITS INDEX. THESE CONTRACTS WILL COVER DEVELOPED AND EMERGING MARKETS, AS WELL AS KEY INDUSTRY INDICATORS, INCLUDING UTILITIES, INDUSTRY, ENERGY AND FINANCE. THE CEO OF THE SINGAPORE EXCHANGE STATED: “MARKET PARTICIPANTS ARE INCREASINGLY INTERESTED IN MARKETS OUTSIDE A SINGLE REGION. THIS CONCERNS NOT ONLY THE COUNTRY OR REGION BUT ALSO THE INDUSTRY. THIS IS THE DIRECTION OF OUR CLIENT FEEDBACK, SO WE ARE EXPANDING THE CONTRACTS FOR ASIAN COUNTRIES, PRODUCTS AND ASSET CLASSES.”