SGX and HKEx prepare to compete against each other

04/28/2013 | Trade News (U.K.), The

Hong Kong Exchanges & Clearing is positioning itself to challenge the Singapore Exchange as the regional hub for over-the-counter derivatives clearing. The CEO of HKEx said he wants to see his exchange become the only place Chinese investors need. SGX, meanwhile, is making moves to stay competitive, such as forming alliances with exchanges throughout the Pacific Rim.

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Trade News (U.K.), The

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