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

Chew Sutat, Head of Sales and Clients at SGX said, “We are pleased that Marex Financial has joined our derivatives market as a trading member. The participation of Marex Financial and their network of clients will add liquidity in our suite of derivatives products.”

John Wall, CEO of Marex Spectron, said, “We are extremely pleased to be admitted as a derivatives trading member of SGX. SGX plays a vital role in the development of the derivatives market and we look forward to working together as we continue to grow our business in Singapore.”

The admission of Marex Financial Limited brings the total number of Trading Members in SGX’s derivatives market to 50. 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.