Swedish lender, SEB, has joined the Singapore Exchange (SGX) as a clearing and trading member, Channel News Asia reports. SEB is the fifth biggest prime broker in Europe and SGX is the first Asian exchange it has joined as a member.
SEB’s entry follows the listing of U.S.-dollar denominated EURO STOXX 50 futures and options. The exchange is seeking to add another three metal contracts in the near future.
Click here for the story from Channel News Asia.