FOi - Futures and Options Intelligence


SGX may make short-sellers identify their trades 26 Jul 2010

To promote market transparency, Singapore Exchange is proposing new rules and measures to provide more information on short selling of shares and bonds.

The proposed rule would require all sell orders to be marked as either normal or a short sale. SGX is seeking public comment. With the collated data, SGX wants to report short sales volume and value by share for each trading day.


“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