Thursday June 30 2022

News Source: Global Exchanges

Focus: Clearing & Settlement

Type: General

Country: Singapore

Link: https://bit.ly/3np5ZQa




On 30th June 2022, Singapore Exchange (SGX) announced that it has welcomed Futu Singapore Pte. Ltd. as a Trading Member of its securities market, a Clearing Member and Depository Agent of The Central Depository (Pte) Limited (CDP), as well as a Trading and Clearing Member of its derivatives market.

Based in Singapore, Futu Singapore is a subsidiary of Nasdaq-listed Futu Holdings Limited. It is a next-generation digital broker that provides on-the-go trading and wealth management services via its investment super-app, moomoo. The company provides investing services, including trading and clearing services alongside interactive social features to investors through its proprietary one-stop digital platforms.

With the admission of Futu Singapore, SGX Group’s securities market has 27 Trading Members and 26 Clearing Members. Its derivatives market now has 66 Trading Members and 27 Clearing Members.

Click on the above link for further information