Singapore Exchange (SGX) welcomed Taiwan-based Dah Chang Futures Co. Ltd as a trading member in its derivatives market.
Established in 2010, Dah Chang Futures is one of the investee companies of Dah Chang Securities Co. Ltd and its operations include futures and securities brokerage, futures advisory and managed futures.
Michael Syn, Head of Derivatives at SGX said, We are pleased to welcome Dah Chang Futures as a Derivatives Trading Member of SGX, and we look forward to seeing their clients participate in our growing market.
Chih Hung-Chuang, Chairman of Dah Chang Futures, said, Its our pleasure to join SGXs derivatives market as a Trading Member . We look forward to working closely with the exchange as we continue to deliver the highest-quality services to our clients.
The admission of Dah Chang Futures brings the total number of Trading Members in SGXs derivatives market to 58. The derivatives market also has 23 Clearing Members. In addition, there are 11 Clearing Members for OTC-traded financial derivatives. In the securities market, there are 27 Trading Members and 26 Clearing Members respectively.
