Singapore Exchange (SGX) is launching five new equity futures contracts based on FTSE Russell indices under its expanded partnership with CME Group.
SGX is growing its partnership with U.S. derivatives exchange CME Group and broadening its shelf of pan-Asia equity derivatives, it announced in a statement this week.
Three net total return (NTR) futures contracts: SGX FTSE Emerging Market NTR (USD) index futures, SGX FTSE Japan NTR (USD) index futures, and SGX FTSE New Zealand NTR (USD) index futures, will launch on 23 November.
The other two price return contracts: the SGX FTSE Emerging Market and SGX FTSE China H50 Price Return futures, are planned to be available on the Mutual Offset System (MOS) clearing link with CME from the first half of 2021.
Long-Standing Partnership
MOS, which allows investors round-the-clock access to trade and clear on the leading derivatives marketplaces in Asia and the U.S., has grown to become one of the world’s most successful and longest-running derivatives collaborations between global exchanges since it was established in 1984.
«This Mutual Offset System continues to be a unique link offering unrivalled access to our participants. At the same time, the introduction of new products with FTSE Russell further enhances our total Asian waterfront of risk-management solutions,» Michael Syn, SGX senior managing director and head of equities, said in the announcement.
