Singapore Exchange Ltd. (SGX), blocked by Australian regulators in its takeover of ASX Ltd. (ASX), is prepared to discuss a merger with other bourses such as Hong Kong, according to President Muthukrishnan Ramaswami.
The exchange isn’t currently working on a “transformational deal,” and is focusing on expanding its clearing services for derivatives, growing company listings and finding collaborative agreements that drive revenue, he said in an interview yesterday at the World Federation of Exchanges IOMA/IOCA conference in Mumbai. Full story
