In cancelling fee waivers for products, including some Taiwan and Japanese index contracts, and increasing data fees, Singapore Exchange (SGX) has raised concerns from members that it might lose traction in some of its more competitive contracts.
One SGX market user at a large derivatives firm told FO Week he was concerned that removing options fee waivers and instigating futures clearing fees, at a time when the exchange is competing fiercely with other exchanges including Taiwan Futures Exchange (TFX)...