FTSE Russell Forms Strategic Partnership With SGX
- Partnership between FTSE Russell and Singapore Exchange (SGX) to develop a comprehensive Asian and Emerging Markets focused multi-asset index derivatives offering
- Collaboration also extends the focus to ETF market development locally and opportunities across index, data and analytics businesses
- Partnership supports growing demand across Asia for index-based listed derivatives, including in sustainable investment
FTSE Russell, a leading global index, data and analytics provider, today announces that it has entered into a long-term strategic partnership with Singapore Exchange (SGX). The partnership will initially focus on developing a broad index derivatives offering on Asian and Emerging Markets single country and regional equity derivatives in addition to Environmental, Social, and Governance (ESG) and Listed Real Estate index derivatives.
The collaboration builds on the existing FTSE Russell offering on SGX which includes index futures on the FTSE China A50 Index and the local headline partnership index, the FTSE Straits Times Index (STI). In July, SGX launched the FTSE Taiwan Index Futures based on the FTSE Taiwan RIC Capped Index. It has also confirmed plans to launch Asia’s first international REIT futures based on the widely followed FTSE EPRA Nareit Asia ex-Japan REITs Index, as well as a range of Asia Ex-Japan and Emerging Markets Asia regional and single country futures based on Net Total Return and Price Return indices calculated by FTSE Russell.
— Singapore Exchange (@SGX) August 20, 2020
The partnership will also see a focus on growing volumes and liquidity through expanded product offerings, educational content and services for clients and market participants globally. In addition, the two Groups will look to develop the exchange traded fund (ETF) market locally as well as opportunities across index, data and analytics businesses.
Waqas Samad, CEO FTSE Russell & Group Director, Information Services, LSEG
“We are delighted to expand our successful relationship with SGX with this new strategic partnership, which will help support growing client and investment demand across Asia for access to index-based listed futures and options markets as well as ETFs. As a leading provider of investment decision making tools, including the global, multi-asset class FTSE Russell indexes, we are committed to working with our exchange partners around the world in developing the risk management markets that help global investors efficiently manage their investment process.
“We also look forward to partnering with SGX to develop a range of index-based products to support the increasing need for sustainable investment solutions developed to globally recognised ESG standards, providing investors with further choice, diversification and risk management opportunities for their portfolios.”
FTSE Russell’s exciting new strategic partnership with @SGX will focus on growing volumes and liquidity through product expansion, educational content and services for the market, as well as developing the exchange ETF market locally in Asia. https://t.co/O0PDDwsysx pic.twitter.com/a2cJ4Kes7y
— FTSE Russell (@FTSERussell) August 20, 2020
Loh Boon Chye, Chief Executive Officer, SGX:
“We are excited to bring our strategic partnership with FTSE Russell to a new level. Together with FTSE Russell, we have built one of the largest and most liquid FTSE equity index derivatives franchises for Asian markets. SGX’s multi-asset platform provides global investors with a single point of access into Asia, offering extensive and efficient investment and risk management tools covering all major asset classes.
“With this expanded agreement with FTSE Russell, we will develop more unique tools to match evolving investor needs. FTSE Russell’s leadership in the world of investable multi-asset products and ESG, together with SGX’s leading position and unrivalled capabilities in Asian derivatives, will drive even greater impact and value creation for our customers.”
ETFs and derivatives based on FTSE Russell indexes are some of the most actively traded and liquid vehicles in the world. The global index family includes well-known benchmarks such as the U.S. large-cap Russell 1000 Index, U.S. small-cap Russell 2000 Index, Russell Style (Growth & Value) Indexes and the FTSE 100, FTSE China 50 and FTSE Emerging Index.
Exchange groups are strengthening digital and network-related businesses.
Retail accounts for half of the trading volume at Taiwan Futures Exchange.
Phase 5 of the uncleared margin rules (UMR) took effect from September 2021.
The unit is part of the exchange's new LSEG Labs network.
The Central Bank Digital Currency challenge had over 300 submissions from more than 50 countries.