Singapore Exchange (SGX) has reacted positively to the purchase of a minority stake in the exchange by Tokyo Stock Exchange (TSE). While the Japanese bourse says it does not plan to buy further shares for the foreseeable future, the tie-up is expected to see SGX offering TSE benchmark products from Singapore.TSE acquired a 4.99% stake in SGX on 15 July, and says that with regulatory approval it hopes to boost its stake to 5% but no further. SGX’s recent share price indicates...