logo

SMX to use StanChart as clearing and settlement bank


Singapore Mercantile Exchange, the start-up commodities and currency exchange, has appointed Standard Chartered bank as its clearing and settlement bank.

The rest of this article is for subscribers only. Would you like to take a free trial?

Free trial

  • News & Analysis access
  • Extensive data searches
  • Access to archive
  • Weekly newsletter

“The banks are investors too. I can’t favour investors with inside information – that’s basically what this is.”

TAM's treasurer voices frustration with Brazil’s new derivatives registration initiative.