SGX Puts ‘X’ Tag On Synthetic ETFs

The Singapore Stock Exchange has started tagging the trading names of all synthetic replication ETFs with an ‘X’.

The Singapore Stock Exchange (SGX) has started tagging the trading names of all synthetic replication ETFs with an ‘X’, ETF Express reports. The mark will bring out differentiation between direct replication ETFs and synthetic replication ETFs. The tag on the trading name will appear next to the ‘@’ used to mark specified investment products. The move is aimed helping investors by improving visibility of all the synthetic replication ETFs on trading screens and the SGX live prices website.

Click here for the story from ETF Express.