SGX to lease arcade space

07 Mar 2005

Singapore Exchange (SGX) has revealed plans to offload its 4,800 square foot trading arcade and to lease a further 8,500 square feet of office space to arcades and proprietary trading firms. The move comes as several such firms grew closer to establishing operations in the city state (see FO Week...

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"While we support its overall direction, a number of the requirements in the review are needlessly oppressive, particularly the proposed limits on execution-only business and bilateral execution. Additionally, the swathe of costly disclosure obligations is more likely to confuse than inform customers.”

The FOA's Anthony Belchambers responds to the EC's Mifid review.

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SGX to lease arcade space

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