OREANDA-NEWS. Singapore Exchange (SGX) is pleased to welcome UK-based Sapien Capital Limited as the newest trading member in its derivatives market.

Chew Sutat, Head of Sales and Clients at SGX, said, “We are delighted that Sapien Capital Limited has taken up the SGX membership. With this addition, we look forward to greater international participation in our derivatives market as well as enhanced liquidity. Together we will continue to meet the growing risk management needs of our customer base through SGX’s comprehensive suite of derivatives products.”

Ramesh Ahuja, Director and CEO of Sapien Capital, said, “We are pleased to see the induction of Sapien Capital as a derivatives trading member of SGX. We look forward to working closely with SGX to support the growth of their derivatives portfolio across the global markets.”

The admission of Sapien Capital Limited brings the total number of Trading Members in SGX’s derivatives market to 49. The derivatives market also has 26 Clearing Members and there are 11 Clearing Members for OTC-traded financial derivatives on SGX AsiaClear. In the securities market, there are 26 Trading Members and 25 Clearing Members respectively.