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SGX Securities wins Best SP and Derivatives Exchange in SRP Asia Pacific Awards 2024

Published on 15/05/2024

SGX Securities has been awarded the Best Structured Products (SP) and Derivatives Exchange in Asia Pacific at the SRP Asia Pacific Awards 2024. This recognition affirms SGX’s status as the premier marketplace in securities and derivatives trading and underscores our commitment to excellence and innovation in the financial markets.

Serene Cai, Head of Securities Trading, SGX Group, said, “We are delighted to be recognised as the Best SP and Derivatives Exchange in the SRP Asia Pacific Awards 2024. As the financial landscape evolves with increasing complexity, SGX has been broadening our offerings across various asset classes to cater to the diverse needs of investors. This accolade is also a testament to our issuer and exchange partners, whose support has been instrumental in Singapore achieving many firsts last year. SGX remains committed to continued product innovation to assist our market participants in navigating the dynamic markets of Asia Pacific.”

Key highlights of achievements:

  • First in Asia to offer Structured Certificates (Autocallables) on exchange, bringing to market an exclusive over the counter (OTC) product to retail investors.
  • Strengthened regional connectivity with the launch of Depository Receipts under the Thailand-Singapore DR Linkage, the first exchange-level DR cooperation in ASEAN, allowing investors access to selected blue-chip companies listed in Singapore and Thailand.
  • Continued to address climate transition through a global suite of collaborative climate action solutions, including the MSCI Climate Action Indices, climate action futures and iShares MSCI AxJ Climate Action ETF.
  • Listed the first active ETF in Singapore, encouraging innovation in the asset management space and empowering investors with more options.
  • SGX, together with NSE IX rolled out the NSE IX-SGX GIFT Connect, a pioneering trading and clearing model with first-of-its-kind technological infrastructure for the trading of the GIFT Nifty.

SRP said the Best Structured Products and Derivatives Exchange category acknowledged the exceptional contributions of companies in their performance and services supporting the structured products industry during the relevant period. Their panel of judges looked for evidence of exceptional performance and services supporting the structured products market. SGX stood out against their peers in the region for the compelling narrative behind its activities, the impact of its services in the structured products market and its approach towards innovation.

The SRP Asia Pacific Awards is an annual award recognising achievements in a range of categories covering the Asian structured products market.