News
RETAIL INVESTMENT | Staff Reporter, Singapore
view(s)

SMX to be launched in mid 2010

The Singapore Mercantile Exchange, the first Pan-Asian multi-product commodity derivatives exchange, will be launched in Singapore middle of this year.

Owned by India's Financial Technologies (FT) Group, SMX will offer a comprehensive basket of commodity derivatives for trading, including futures and options contracts on precious metals, base metals, agriculture commodities and commodity indices.

Mr Kola Luu, Executive Director, Financial Markets Strategy Department, Monetary Authority of Singapore, said, "We believe this development will further strengthen Singapore's lead as the region's commodity derivatives trading hub."

Do you know more about this story? Contact us anonymously through this link.

Click here to learn about advertising, content sponsorship, events & rountables, custom media solutions, whitepaper writing, sales leads or eDM opportunities with us.

To get a media kit and information on advertising or sponsoring click here.