Singapore's bourse operator to expand derivatives offerings under new MSCI deal
MSCI•Recent SGX product plans
- Early this week, the exchange also said it would introduce depository receipts for Elon Musk's SpaceX SPCX.O, ride-hailing firm Grab GRAB.O, and tech conglomerate Sea SE.N
Planned expansion of derivatives contracts
- The deal will see Singapore's bourse operator introducing up to 100 new derivatives contracts.
- The initial phase comprises around 40 futures and options contracts, spanning MSCI's flagship global developed-market benchmarks, key Asia-Pacific single-country indexes, and Emerging Market Asia sector indexes.
- The expansion is intended to broaden SGX's equities derivatives franchise beyond the exchange's existing access to key Asian exposures, to also include global, regional and sector-specific exposures investors use to allocate capital and manage risk.
- "As portfolios are increasingly managed across regions, themes and benchmark suites, our comprehensive MSCI suite gives investors a broader platform to manage global equity risk through one trusted venue," SGX CEO Loh Boon Chye said.
SGX signs new licensing agreement with MSCI
July 23 (Reuters) - Singapore Exchange SGXL.SI said on Thursday it has signed a new licensing agreement with global index provider MSCI MSCI.N, in a bid to scale up its derivatives offerings.
Here are some details from the exchange:
