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Singapore Exchange Limited

413 bytes added, 05:55, 4 May 2018
SGX ranked 22nd among global derivatives exchanges by volume in 2017, with 178.3 million contracts traded, up 3.5% from 172.4 million contracts a year earlier, according to [[Futures Industry Association]] annual volume figures.<ref>{{cite web|url=|name=FIA 2017 Exchange Volume Report|org=FIA|date=April 5, 2018}}</ref>
In May of 2018 the exchange took a minority stake in the London-based foreign exchange startup Cobalt, which is using distributed ledger technology to streamline post-trade settlements.<ref>{{cite web|url=|name=Singapore Exchange Backs Distributed Ledger Alternative For FX Trading|org=Forbes|date=May 4, 2018}}</ref>
== Background ==