HONG KONG, 5 July 2018 – Blackwell Global Hong Kong announces today its admittance as a member of the Singapore Exchange Derivatives Trading (SGX-DT). Global clients will gain direct access to the Asian derivatives market through the SGX Asian Gateway.
As the subsidiary of Blackwell Global Hong Kong, Blackwell Global Futures’ membership of the SGX-DT allows the brokerage to offer the Exchange’s derivative contracts to both Hong Kong and international investors, bringing them highly competitive futures trading fees along with direct connectivity to Asia’s most international and connected exchange. Investors will be able to trade with exchanges in the biggest economies of Asia, such as Japan, Shanghai and Shenzhen.
Michael Syn, Head of Derivatives, SGX, said, “We are delighted to welcome Blackwell Global Futures to our growing community of members, and look forward to supporting them as we continue to grow the liquidity and global network within our derivatives market.”
Michael Chai, Chairman of the Blackwell Global Group said, “We’re very honoured to be formally admitted as a Derivatives Trading Member of SGX. This is a significant development in our ongoing commitment to offer our clients trading products and services of esteemed repute, especially with the rapidly growing demand for Asian markets.”
Blackwell Global Hong Kong was launched in 2015 offering precious metals investments, with the SFC stocks and futures licences attained in 2017. The SGX-DT membership is in addition to the SFC asset management licence acquired this year, marking itself as a strong newcomer to the financial industry.
Singapore Exchange (SGX) is Asia’s leading and trusted market infrastructure, operating equity, fixed income and derivatives markets to the highest regulatory standards. As Asia’s most international, multi-asset exchange, SGX provides listing, trading, clearing, settlement, depository and data services, with about 40% of listed companies and 75% of listed bonds originating outside of Singapore.
SGX is the world’s most liquid offshore market for the benchmark equity indices of China, India, Japan and ASEAN and offers commodities and currency derivatives products. Headquartered in AAA-rated Singapore, SGX is globally recognised for its risk management and clearing capabilities. For more information, please visit www.sgx.com