100% owned by Singapore Exchange Limited
Brief History
SGX was formed in 1999 in order to effectuate the demutualization and merger of the two exchanges: Stock Exchange of Singapore and Singapore Intl Monetary Exchange. Prior to the merger, each exchange was owned by the member firms that engaged in trading and clearing and settlement functions. Pursuant to legislation adopted to effect the merger, SGX was created to own the exchanges and their related clearing houses, and the former owners and seatholders were given shares in SGX in exchange for their shares and seats in the two exchanges.
Types and number of Participants
- Brokers - 25
-
Bank Nominees - 28
-
Banks/Merchant Banks/Trustee - 6
-
Merchant Bank Nominees - 2
-
Finance Companies - 5
Regulatory Environment
Monetary Authority of Singapore (MAS)
Stock Exchanges
- Singapore Exchange Limited
Other CSDs or clearing
organization in your country
N.A
Services Provided
- '*Immobilized Securities Safekeeping and Book-entry Operations
-
*Electronic Securities Book-entry Operations
-
*Custody
-
Process of shareholder notification to issuing companies (Stock)
-
Dividend payments and proxy services (Foreign Stock)
-
*Matching Services
-
Post-Trade and Pre-settlement matching service (PSMS)
Eligible Securities
- Securities listed or quoted on Singapore Exchange Limited.
Corporate Action services
Provided? Yes/No (If yes, what kinds of services provided?)
Yes. Dividends, interest / redemptions and other cash distributions
Bonus issues
Rights issues
Share consolidation / split
Scheme of arrangement
Takeover offers
Value
of Securities in Custody (US$):N.A
Amount
of Cash Settled per annum (US$):N.A
Percentage of Securities
Immobilized/ Dematerialized:CDP is 100% immobilized, not dematerialized.
Market Capitalization/
Trading volume per annum (US$):N.A
Total Revenue/ Expense
and Net income Per annum (US$):N.A
Memorandum of Understanding/
Business Agreement (Date)
- Please refer to SGX website. www.sgx.com
-
E.g.
-
Taiwan Futures Exchange -12 December 2007
-
Financial Affairs Office of the People’s Government of Liaoning Province (Liaoning-FAO) - 23 June 2006
-
Ho Chi Minh City Securities Markets - 27 Feb 2007
-
The Ho Chi Minh City Securities Trading Center (HoSTC) - 27 Feb 07
-
Zhejiang Financial Affairs Office (FAO) of the Zhejiang Provincial Government in China - 15 Nov 2005
-
Manama, Bahrain - 14 Oct 08
-
Karachi Stock Exchang - 22 Oct 08
-
Fujian Development and Reform Commission Office (FDRC) of the Fujian Provincial Government in China - 3 Nov 08
-
Jakarta Stock Exchange - 24 Jan 05
-
Wuxi Municipal People’s Government (WMPG) of Jiangsu Province in China - 21 Feb 06
-
Hanoi Securities Trading Center (HASTC) - 2 April 07
-
Financial Affairs Office of the People’s Government of Liaoning Province (Liaoning-FAO) - 23 Jun 06
-
Mongolian Stock Exchange (MSE) - 10 April 08
-
Agricultural Bank of China (ABC) - 4 Aug 08
-
Stock Exchange of Thailand
Cross-Broader Transaction
(Counterpart)
DTCC and Shenzhen Securities Registrar Company Ltd
Withholding Tax Treatment
of Cross-Border Trading Transactions (Details)
N.A
DVP Implementation (Yes/No)
Yes.
Settlement Period
Trade date +3
Contact Information
Contact Person: Shimona Wong
Tel: 65 6236 8603
Email: acg12@sgx.com
Fax: 65 6535 0775
Remarks
