Under its expanded agreement with FTSE Russell, the bourse will develop more unique tools to match evolving investor needs.
Singapore Exchange (SGX) has signed an agreement with FTSE Russell, which will strategically broaden and deepen its long-term collaboration to deliver new Asian multi-asset solutions, it announced on Friday.
The two partners will jointly drive global marketing, product research and customer adoption, and will also collaborate closely in product and platform development between their information services businesses, the announcement said.
«Together with FTSE Russell, we have built one of the largest and most liquid FTSE equity index derivatives franchises for Asian markets,» Loh Boon Chye, chief executive officer of SGX, said.
Growing Demand
The expanded partnership caters to growing client and investment demand across Asia for access to index-based listed futures and options markets as well as ETFs.
ETFs and derivatives based on FTSE Russell indexes are some of the most actively traded and liquid vehicles in the world, with about $16 trillion currently benchmarked to FTSE Russell indexes, the announcement noted.
