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Singapore Exchange Ltd (SGXL.SI)

SGXL.SI on Stock Exchange of Singapore

6.87SGD
17 Oct 2018
Change (% chg)

$0.04 (+0.59%)
Prev Close
$6.83
Open
$6.89
Day's High
$6.92
Day's Low
$6.87
Volume
1,385,100
Avg. Vol
1,871,869
52-wk High
$8.50
52-wk Low
$6.81

Latest Key Developments (Source: Significant Developments)

Singapore Exchange Says Sept Total Derivatives Volume Down 1% M/M
Monday, 8 Oct 2018 

Oct 8 (Reuters) - Singapore Exchange Ltd ::SEPT TOTAL DERIVATIVES VOLUME WAS 18.52 MILLION, DOWN 1% MONTH-ON-MONTH.SEPT TOTAL SECURITIES MARKET TURNOVER VALUE WAS AT S$19.4 BILLION, DOWN 17% M- O-M AND DOWN 11% Y-O-Y, OVER 20 TRADING DAYS.SEPT SECURITIES DAILY AVERAGE VALUE WAS S$971 MILLION, DOWN 13% M-O-M AND DOWN 11% Y- O-Y.  Full Article

Singapore Exchange Proposes New "Trade At Close" Session For Securities Market
Friday, 21 Sep 2018 

Sept 21 (Reuters) - Singapore Exchange Ltd ::PROPOSES NEW "TRADE AT CLOSE" SESSION FOR SECURITIES MARKET.SGX IS PROPOSING TAC SESSION WILL NOT OCCUR IF THERE IS NO CLOSING AUCTION PRICE.SGX IS PROPOSING ORDERS WILL MATCH AT ONLY CLOSING AUCTION PRICE AND ACCORDING TO TIME PRIORITY.SGX IS PROPOSING ORDERS CAN BE AMENDED BUT MUST ALL BE PRICED AT CLOSING AUCTION PRICE.IF ADOPTED, SGX WILL IMPLEMENT PROPOSED TAC SESSION IN JULY 2019.TAC SESSION WILL APPLY TO READY AND UNIT SHARE MARKETS.  Full Article

Singapore Exchange Posts August Total Securities Market Turnover Value Of S$23.5 Bln
Monday, 10 Sep 2018 

Sept 10 (Reuters) - Singapore Exchange Ltd ::AUGUST TOTAL SECURITIES MARKET TURNOVER VALUE WAS AT S$23.5 BILLION, DOWN 4% MONTH-ON-MONTH AND DOWN 9% YEAR-ON-YEAR.AUGUST SECURITIES DAILY AVERAGE VALUE WAS S$1.12 BILLION, UP 0.3% M-O-M AND DOWN 5% Y-O-Y.AUGUST TOTAL DERIVATIVES VOLUME WAS 18.79 MILLION, UP 18% YEAR-ON-YEAR.  Full Article

Singapore Exchange Amends Listing Rules After MAS Accepts CG Council's Recommendations
Monday, 6 Aug 2018 

Aug 6 (Reuters) - Singapore Exchange Ltd ::SGX AMENDS LISTING RULES AFTER MAS ACCEPTS CG COUNCIL'S RECOMMENDATIONS.LISTING RULE CHANGES WILL COME INTO EFFECT ON 1 JANUARY 2019.TO MAKE AMENDMENTS TO LISTING RULES FOLLOWING MAS ACCEPTANCE OF CORPORATE GOVERNANCE (CG) COUNCIL'S RECOMMENDATIONS.RULES ON 9YEAR TENOR FOR INDEPENDENT DIRECTORS, REQUIREMENT FOR SUCH DIRECTORS TO COMPRISE ONE-THIRD OF BOARD BECOME EFFECTIVE ON JAN 1,2022.  Full Article

Singapore Exchange Announces Change in Dividend Policy
Friday, 27 Jul 2018 

July 27 (Reuters) - Singapore Exchange Ltd ::FINAL DIVIDEND 15 CENTS PER SHARE.FX DERIVATIVES BUSINESS EXPECTED TO CONTRIBUTE POSITIVELY TO NET PROFIT IN NEXT FEW YEARS.FROM FY2019, SGX WILL REVISE ITS DIVIDEND POLICY FROM ONE BASED ON A PERCENTAGE OF NET PROFIT, TO ONE BASED ON AN ABSOLUTE AMOUNT.SGX WILL PAY A HIGHER DIVIDEND OF 7.5 CENTS PER SHARE, STARTING FROM Q1 OF FY2019.DIVIDENDS WILL BE PAID QUARTERLY AND WILL BE DECIDED BY BOARD.  Full Article

Singapore Exchange Posts Qtrly Net Profit After Tax Attributable Of S$83.673 Mln
Friday, 27 Jul 2018 

July 27 (Reuters) - Singapore Exchange Ltd ::QTRLY OPERATING REVENUE S$213 MILLION VERSUS S$207.7 MILLION.QTRLY NET PROFIT AFTER TAX ATTRIBUTABLE S$83.673 MILLION VERSUS S$85.2 MILLION.PROSPECT OF ESCALATING TRADE TENSIONS & MODERATING GLOBAL GROWTH MAY RESULT IN HIGHER MARKET VOLATILITY, MORE DEMAND FOR RISK MANAGEMENT SOLUTIONS.FY2019 OPERATING EXPENSES EXPECTED TO BE BETWEEN S$445 MILLION - S$455 MILLION, TECHNOLOGY-RELATED CAPITAL EXPENDITURE TO BE BETWEEN S$60 MILLION - S$65 MILLION."SEE AN OPPORTUNITY TO DEVELOP A DIGITAL MARKETPLACE IN GLOBAL FREIGHT INDUSTRY".  Full Article

Singapore Exchange Resumes Talks With India' NSE On Potential Collaboration In GIFT IFSC
Wednesday, 25 Jul 2018 

July 25 (Reuters) - Singapore Exchange Ltd ::SINGAPORE EXCHANGE AND NATIONAL STOCK EXCHANGE HAVE RESUMED DISCUSSIONS ON A POTENTIAL COLLABORATION IN GIFT IFSC.SGX AND NSE WILL JOINTLY ENGAGE AND CONSULT RELEVANT STAKEHOLDERS ON THE PROPOSED COLLABORATION.PENDING OUTCOME OF DISCUSSIONS, LEARNED ARBITRATOR GRANTED DEFERMENT OF ARBITRATION PROCEEDINGS BETWEEN SGX AND IISL.  Full Article

Singapore Exchange Announces Rule Changes For Listing Of Mineral, Oil and Gas Companies
Monday, 23 Jul 2018 

July 23 (Reuters) - Singapore Exchange Ltd ::SGX ENABLES LISTING AT EARLIER DEVELOPMENT STAGE FOR MOG COMPANIES.AMENDED RULES ARE EFFECTIVE 23 AUGUST 2018.COMPANIES AT AN EARLIER STAGE OF DEVELOPMENT CAN NOW LIST UNDER THE FRAMEWORK.RATHER THAN PROPOSED SUMMARY QUALIFIED PERSON'S REPORT, SGX TO REQUIRE ANNUAL SUMMARY OF RESERVES AND RESOURCES.  Full Article

SGX Proposes To Enhance Default Management Capabilities Of Derivatives & Securities Clearing Houses
Thursday, 19 Jul 2018 

July 19 (Reuters) - Singapore Exchange Ltd ::SGX PROPOSES TO ENHANCE DEFAULT MANAGEMENT CAPABILITIES OF DERIVATIVES AND SECURITIES CLEARING HOUSES.PROPOSES TO INTRODUCE AUCTION FOR LIQUIDATING DEFAULTED CLEARING MEMBER'S POSITIONS IN EXCHANGE-TRADED DERIVATIVES CONTRACTS.SGX EXPECTS TO IMPLEMENT AMENDMENTS IN Q4, SUBJECT TO REGULATORY APPROVAL.SEEKING PUBLIC FEEDBACK ON PROPOSED AMENDMENTS TO CLEARING RULES OF SINGAPORE EXCHANGE DERIVATIVES CLEARING AND CENTRAL DEPOSITORY (PTE) LTD.ALSO PROPOSES TO INTRODUCE AUCTION FOR LIQUIDATING DEFAULTED CLEARING MEMBER'S POSITIONS IN OVER-COUNTER COMMODITIES CONTRACTS.PROPOSES TO LET CDP WRITE OFF UNSETTLED BUY TRADES BY DEFAULTED CDP CLEARING MEMBER'S IF SECURITIES ARE NOT FORCE-SOLD BY 7TH DAY, AS LOSS TO CDP.  Full Article

Singapore Exchange Rolls Out New FX Solution
Tuesday, 10 Jul 2018 

July 10 (Reuters) - Singapore Exchange Ltd ::SGX ROLLS OUT NEW FX SOLUTION WITH INNOVATIVE FLEXIBLE FEATURES.NEW SGX FLEXC FX FUTURES OFFER PARTICIPANTS TO TRADE CUSTOMISABLE FX FUTURES OVER THE COUNTER AND CLEAR TRADES ON SGX'S PLATFORM.  Full Article

Singapore Exchange to launch new high-grade iron ore derivatives

MANILA, Oct 11 The Singapore Exchange said on Thursday that it will launch new high-grade iron ore derivatives in December, aiming to tap into a growing appetite for higher quality supplies of the steelmaking raw material.