Interactive Brokers Singapore, has joined the SGX Group as a trading and clearing member for its derivatives market, a less high profile but no less significant part of the exchange's business.
Interactive Brokers Singapore is an affiliate of Interactive Brokers Group, providers of automated trade execution and custody of securities and commodities around the clock on over 170 markets in numerous countries and currencies from a single unified platform to clients worldwide.
"Becoming a trading and clearing member of SGX Group underscores our commitment to Singapore and the broader Asia Pacific region. We remain focused on connecting investors worldwide to global markets," says Yujun Lin, CEO of Interactive Brokers Singapore.
Pol de Win, head of global sales and origination at SGX Group says the admission of Interactive Brokers Singapore reflects sustained international interest in the exchange's derivatives ecosystem and the strong alignment between its global marketplace and Interactive Brokers’ worldwide reach.
"This membership further enhances their clients’ access to our extensive derivatives suite and deepens cross-border participation," he adds.
With Interactive Brokers Singapore, SGX’s derivatives market now has a total of 68 trading members and 34 clearing members, reinforcing its position as a leading international derivatives venue.
