SGX Group has denied reports from Australia that it is in talks to acquire an exchange Down Under.
According to the Australian Financial Review, SGX has held preliminary talks to acquire the Australian unit of Chicago-based Cboe Global Markets, potentially joining New Zealand's stock exchange as an interested suitor.
In a high-profile episode 15 years ago under then CEO Magnus Böcker, SGX's bid to merge with the Australian Securities Exchange was blocked by the politicians.
Cboe Australia is described by the AFR as a rival trading venue to ASX, the main bourse.
"The speculation reported in the AFR article and other media articles is inaccurate. SGX Group is not exploring or considering an acquisition of Cboe Australia," says an SGX spokesperson.
Cboe Australia accounts for around 20% of the trading volume of shares in Australia.
See also: OCBC customers can make payments via WeChat Pay QR codes in mainland China from 1Q2026
The parent company Cboe, in October, indicated that it had started a sale process, along with Cboe Canada, so as to focus on its core operations.
SGX shares, as at 9.26 am, changed hands at $16.72, down 0.36% but up 33.65% year to date.
