Singapore Stocks Exchange


With a market capitalization of $639 billion, Singapore Stocks Exchange provides various financial services related to securities and derivatives trading. The exchange is a member of the Asian and Oceania Stocks Exchanges Federation and the World Federation of Exchanges. Companies listed at the exchange are categorized under two groups. There are those that are listed on the Singapore Stocks Exchange main board and those listed on SGX SESDAQ. For a company to be listed on the main board, it has to comply with the regulations set forth by the exchange. Listing on SESDAQ is however not tied to any additional requirements. SGX was registered as a holding company after the exchange took ownership of the assets owned by exchange companies: Securities Clearing and Computer Services Pte Ltd, Singapore International Monetary Exchange (Simex) and Stocks Exchange of Singapore (SES). In 2000, the Singapore Stocks Exchange became the second exchange to be listed via public offer and private placement in the larger Asia-Pacific region. The exchange uses benchmark indices such as MSCI Singapore Free Index and the Straits Times Index. Singapore Exchange expanded their Securities Borrowing and Lending services on September 23rd with an aim of improving service delivery to investors. The upgrade meant that more than 80% of SGX’s mainboard listed stocks were now eligible for lending and borrowing. The Central Depository (CDP) currently acts as the counterparty for securities lenders and borrowers at the Singapore Exchange.