SGX restructuring targets retail, commodities products

27 Nov 2006

A recent management restructuring at Singapore Exchange (SGX) was designed to help develop the exchange's business in key focus areas. An exchange spokesperson told FO Week that the move "allows us to better focus on developing certain new businesses like post-trade services, commodities and retail".

There were not any commodities...

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“The fact is, an awful lot of people would be very happy for all business to be transacted over the counter. Transparency is good for the consumer, but privacy is better for the banks and the brokers. Wherever there’s a grey area, it’s possible to make money.”

European consultants predict frantic lobbying during the Mifid review.