SGX Welcomes Rifa Futures as Trading Member
Singapore Exchange (SGX) welcomes Hong Kong-based Rifa Futures Limited (Rifa Futures) to its derivatives market as a Trading member.
Michael Syn, Head of Derivatives at SGX said, “We are pleased to extend our distribution network in Greater China with the addition of Rifa Futures to our derivatives market and look forward to supporting their ability to meet their clients’ risk management needs.”
Stephen Chan, Director at Rifa Futures said, “We are very much honoured to be admitted to SGX as a Derivatives Trading Member. SGX plays an important role in the development of the derivatives markets and we look forward to working with the exchange to provide a better service to our global futures customers.”
The admission of Rifa Futures brings the total number of Trading Members in SGX’s derivatives market to 60. The derivatives market also has 24 Clearing Members. In addition, there are 11 Clearing Members for OTC-traded financial derivatives. In the securities market, there are 26 Trading Members and 25 Clearing Members.
CCPs simplify the trade life cycle.
CFTC Chairman Giancarlo lays out future challenges and his legacy during his last FIA Boca address.
Trade group says inconsistent and duplicative regulation is an aggravating factor.
SwapClear added five currencies from Asia Pacific and Latin America.
LSEG's interest rate derivatives venture had a record start to this year.