Singapore Exchange Ltd. (SGX), Southeast Asia’s biggest bourse, is relying on derivatives for growth amid a dearth of merger and acquisition candidates in Asia.
SGX is planning energy and bond futures, Chief Executive Officer Magnus Bocker said. The bourse’s revenue from derivatives climbed 50 percent to S$234.5 million ($183.7 million) in the five years through June 2013, outpacing the 4.4 percent increase in equity trading to S$469.50 million, according to data compiled by Bloomberg. Full story
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Singapore bourse grows derivatives - Business Times Malaysia
