Thursday August 4 2022
News Source: Global Exchanges
Focus: General - Global Exchanges
Type: General
Country: International
Link: https://bit.ly/3RMQKOZ
Singapore Exchange (SGX) and the New York Stock Exchange (NYSE) announced the signing of a new agreement to collaborate on the dual listing of companies on both exchanges and work together in a number of other key areas focused on the capital markets.
This collaboration represents an important initiative for both markets and focus on the following areas:
- Dual listing of companies on SGX Group and NYSE
- Identifying and developing new ESG products and services
- Supporting index product development at SGX Group and NYSE affiliate ICE Data Indices
- Exploring new ETF products
Dual listings between SGX Group and NYSE benefit issuers by allowing them to tap into pools of capital in key markets outside of their home regions. The agreement also allows the two exchanges to develop new products and services in support of their listed companies and investor communities, and coordinate compliance efforts for dual-listed companies.
Click on the above link for further information