SGX FX

Here are some recent topics on our minds… - Korea's inclusion in the WGBI and the potential for electronic trading of the Korean Won against the Dollar - The options trading boom in emerging markets -- balancing risk and reward - Enhancing trading efficiencies through interbank platforms in fragmented markets - Exploring PMS and alternative tools to manage risks and achieve portfolio diversification We had a fantastic day discussing these and many other key issues with buyside decision makers last week at The Finance Hive’s FICC APAC Members Meeting in Singapore! A big thank you to Geoffrey Healy too for joining our discussion and sharing your insights with us. If these are themes that resonate with you, please connect with us – we’d love to hear from you. Jean-Philippe Malé | Alan Dweck | Caroline Quah | Akhil Nair, CFA 

One month into the second Trump administration, what do U.S. investors think about the challenges - and opportunities - facing global markets? That was a topic discussed and debated Thursday evening in New York, where SGX FX hosted its 2nd Annual NY Macro Roundtable Dinner, an exclusive event for U.S. buyside stakeholders. SGX Group’s Global Head of FX & Rates, KC Lam, introduced macro strategist David Woo, CEO of David Woo Unbound, who delivered a keynote address virtually. Following a rapid-fire Q&A, SGX Group’s Head of Americas William Gulya moderated a panel discussion comprising Thierry Wizman, Mark Wetjen and Patrick Doyle (Garnaut Global). Despite the news headlines about heightened geopolitical risk and uncertainty, one common thread that stood out was how key emerging markets such as China could surprise on the upside - and U.S. market participants are already starting to take a closer look. What are your views on the opportunities and risks shaping global markets? Join the conversation and share your thoughts below. #SGX #AsiaSimplified #SGXFX #FXmarkets

Adapting FX strategies to shifting central bank policies, AI-driven innovations, and the impact of T+1 settlement was a key focus at TradeTech FX USA in Miami. With the FX landscape evolving rapidly, staying ahead means leveraging better trading protocols, cost efficiencies, and AI-driven insights—all of which were front and centre in our discussions. During the event, we introduced our new AI chatbot, designed to help buy- and sell-side traders unlock deeper data insights and make smarter trading decisions. This tool is accessible across desktop, web, and mobile platforms. A major highlight was our lunch workshop, where participants from Franklin Templeton, Vanguard, RBC, and P/E Investments engaged in active discussions about the future of technology in reshaping the FX landscape. Key topics included workflow automation, reducing operational costs while increasing efficiencies, and leveraging advanced FX trading functionalities such as Streaming NDF and EM liquidity. The discussion on how data and AI can modernise automation and enhance transaction cost analysis (TCA) was particularly well-received among participants, highlighting its transformative potential across firms' FX trading. If you stopped by our booth or joined the conversation, we appreciate your insights and engagement. To continue the discussion and explore how our FX workflow solutions can support your trading strategy, let's connect. Vinay Trivedi | Scott Gold | Michael Langon | Roger Lee | KC Lam | Gregory Reis | Eliane Pereira-Dousie | Richard Wenk | Hugh Whelan #SGXFX #FXTrading #TradeTechFX #SeamlessTrading #InfinitePossibilities #FXmarkets #MaxxAI

AI is revolutionising FX markets, but it’s not without challenges. From algo trading intensifying flash crashes like the 2010 Dow Jones plunge to rapid movements in currency values such as the 2016 sterling flash crash, the risks are clear. Yet, AI has undeniable benefits — enhanced decision-making, risk management, and error detection all empower traders to stay ahead. The challenge lies in balancing innovation with responsibility through proactive strategies like real-time monitoring, rigorous testing, and robust guardrails. How can we ensure that AI truly serves markets positively? 👉 Click to read the full article: https://bit.ly/4hUBWK7 Vinay Trivedi #SGXFX #AI #FXalgo #AlgoTrading #ResponsibleAI #MaxxAI

Today, we are excited to announce our financial results for the first half of FY2025, highlighting #SGXGroup's commitment to delivering value to our investors. We achieved a net profit of S$320.1 million, up 27.3% from the year-ago period. Net revenue increased 15.6% to S$646.4 million, driven by growth across all business segments. Our Board of Directors has declared an interim quarterly dividend of 9.0 cents (up from 8.5 cents) per share, payable on 21 February 2025. This brings total dividends in 1H FY2025 to 18.0 cents (up from 17.0 cents) per share. Watch our CFO, Daniel Koh, share his view on the 1H FY2025 financial results. Read the full Results Summary and Financial Highlights here: bit.ly/42LqQCV #SGXCommodities #SGXEquityDerivatives #SGXFixedIncome #SGXFX #SGXIndices #SGXSecurities

𝗡𝗲𝘄 𝗺𝗼𝗻𝘁𝗵𝗹𝘆 𝘃𝗼𝗹𝘂𝗺𝗲 𝗮𝗻𝗱 𝘀𝗶𝗻𝗴𝗹𝗲 𝗱𝗮𝘆 𝗧-𝘀𝗲𝘀𝘀𝗶𝗼𝗻 𝗿𝗲𝗰𝗼𝗿𝗱 𝗳𝗼𝗿 𝗦𝗚𝗫 𝗜𝗡𝗥/𝗨𝗦𝗗 𝗙𝘂𝘁𝘂𝗿𝗲𝘀 𝗮𝘀 𝗶𝗻𝘃𝗲𝘀𝘁𝗼𝗿𝘀 𝗴𝗲𝗮𝗿 𝘂𝗽 𝘁𝗼 𝗺𝗮𝗻𝗮𝗴𝗲 𝗙𝗫 𝗿𝗶𝘀𝗸. It is another eventful week for Asian currencies which have been rattled by U.S. President Donald Trump’s latest tariff announcements, raising concerns of global trade wars. After a slew of big central bank meetings in January, analysts will be keeping a close eye on Reserve Bank of India (RBI)’s monetary policy announcement this Friday, 7 February, led by a new governor and committee. Global investors continue to actively manage currency risks on SGX FX, underscoring our role as a trusted and highly liquid venue for FX hedging. Last month, SGX INR/USD Futures reached a new T-session record on 24 January 2025 with 184,962 lots (US$4.29 billion) traded, surpassing the previous record of 175,148 lots (US$4.17 billion) set on 25 October 2024, by 5.6%. January also saw a new monthly volume record for the FX contract, with over 1,917,524 lots traded (equivalent to US$44.4 billion). Open interest in SGX INR/USD Futures rose significantly, from 135,251 lots on 23 January to 183,408 lots by 27 January. Reach out to us to find out how you can manage currency risks with SGX FX’s listed futures. #SGXFX #INR #USD #rupee #RBI #asiancurrency #FXmarkets

We're pleased to announce our participation in TradeTech FX USA 2025 in #Miami! 📍 Visit us at Booth #32 to explore our full suite of trading solutions designed for both buy-side and sell-side institutions. For event attendees, we're hosting an exclusive lunch workshop on February 11 to discuss how modern trading protocols and FX functionality can help reduce implicit execution costs. We'll cover strategies to optimise costs for treasury, middle office, and operations teams, the impact of Streaming NDF and EM liquidity, and how data and AI can drive automation and improve alpha. Looking for a deeper discussion? Use the official conference mobile app to schedule a meeting with our SGX FX team at the exclusive networking lounge on level 2. We look forward to connecting with you in Miami! #SGXFX #TradeTechFX #Miami #FXTrading #WorkflowAutomation #SeamlessTrading #InfinitePossibilities

As we celebrate the Year of the Snake, we embrace its qualities of wisdom, transformation, and renewal. This year symbolises new beginnings and opportunities for growth.   Hear from our CEO, Boon Chye Loh, as he delivers his Lunar New Year message. May this Lunar New Year bring you and your loved ones health, happiness, and abundant blessings.   蛇蜕旧皮呈新象，人展宏图创辉煌。   #LunarNewYear #MultipleGrowthAvenue #OneTrustedEcosystem

Volatility in global markets following Donald Trump's presidential inauguration on Monday drove international investors to SGX Listed FX, underscoring our critical role as a global platform for managing currency risks. SGX USD/CNH Futures set a new T+1 session record with 165,995 lots (US$ 16.59 billion) traded in just 11 hours on 21 January 2025 (Singapore) as markets reacted to the new president’s executive orders and actions. This surpasses the previous record set on 7 January 2025 (US$ 16.16 billion).   SGX’s T+1 trading session, running from previous day 6:15 pm to 5:15 am (Singapore time), aligns with peak activity across European and U.S. markets, highlighting the global significance of SGX USD/CNH futures in facilitating risk management. Speak with our team to learn more about managing your risks effectively during key global events. #SGXFX #SGX #CNH #presidential #inauguration #FXmarkets 

Check out insights from the latest Derivatives Trader’s Playbook.📈 This edition comprehensively covers key market trends and trading strategies through the second half of 2024. Highlights include the rally in SGX FTSE China A50 Index Futures post-China's stimulus package, and the impact of the U.S. elections on FTSE China H50 Index Futures. The FTSE China H50 Index rallied substantially due to election-related volatility, while the FTSE Taiwan Index and MSCI Singapore Index showed divergence, with the Taiwan Index boosted by the AI/Chips rally but failing to sustain momentum.   In the dairy market, the calendar spread in Whole Milk Powder Futures collapsed into negative territory, contrary to its historical tendency toward slight contango. The spread between Whole Milk Powder and Skim Milk Powder continued to trade higher, diverging from its historical trend. Additionally, the potential impact of tariff risks on USD/CNH was highlighted, with USD/CNH showing signs of a move higher due to dollar strength and yuan weakness.   Looking forward, opportunities in the USD/CNH and CNH/INR pairs are identified, considering geopolitical and macroeconomic factors. The USD/CNH pair remains near its two-year resistance level around the 7.3 range, with potential for a breakout. The CNH/INR pair could see further depreciation, driven by China's accommodative policies and tariff risks under Donald Trump's administration.   Dive into the latest Derivatives Trader’s Playbook crafted by Inspirante Trading Solutions to understand opportunities in the market today. Click the link in the comments section below to access the full article.   #SGXEquityDerivatives #EquityDerivatives #Derivatives #Trading #ChinaH50 #ChinaA50 #SGX #milkpowder #USDCNH #USDINR