Tokyo Financial Exchange can seek remote members in Singapore

Tokyo Financial Exchange can seek remote members in Singapore 03 Jul 2009

Tokyo Financial Exchange has won permission from Singapore’s regulator to market remote membership to investors in the city state, the exchange announced today (July 3).

TFX became the first...

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“Singapore is an energy region. In fact, it’s a global energy hub. It makes perfect sense to set up an energy team here, and for base metals it is the same. China is a big consumer now of base metals. To have an office nearby makes perfect sense.”

Terence Noe, Asia Pacific head of exchange-traded commodity derivatives at UBS in Singapore, comments on why several banks have set up mining and energy-related derivatives teams in Asia

FOi - Futures and Options Intelligence

Tokyo Financial Exchange can seek remote members in Singapore 03 Jul 2009

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