Singapore Exchange (SGX) welcomed Hong Kong-based Rui Da International Finance Holding Limited (Rui Da International) as a Trading Member of its derivatives market.
Michael Syn, Head of Derivatives at SGX, said, We are pleased to have Rui Da International join our derivatives market, helping to grow our distribution in Greater China.
Li Fei, Managing Director of Rui Da International, said, “We are honoured to be admitted as a Trading Member of SGXs derivatives market. This is an important milestone for our company in our strategy to expand within the global futures markets, and enables us to enhance the services we can provide to our clients.
The admission of Rui Da International brings the total number of Trading Members in SGXs derivatives market to 59. The derivatives market also has 24 Clearing Members. In addition, there are 11 Clearing Members for OTC-traded financial derivatives. SGXs securities market has 26 Trading Members and 25 Clearing Members.
About Singapore Exchange
Singapore Exchange is Asias leading and trusted market infrastructure, operating equity, fixed income and derivatives markets to the highest regulatory standards. As Asias most international, multi-asset exchange, SGX provides listing, trading, clearing, settlement, depository and data services, with about 40% of listed companies and 75% of listed bonds originating outside of Singapore.
SGX is the worlds most liquid offshore market for the benchmark equity indices of China, India, Japan and ASEAN and offers commodities and currency derivatives products. Headquartered in AAA-rated Singapore, SGX is globally recognised for its risk management and clearing capabilities. For more information, please visit www.sgx.com.
