OREANDA-NEWS. Singapore Exchange (SGX) today welcomed Hong Kong-based Wing Fung Futures Limited (Wing Fung Futures) to its derivatives market. 

Michael Syn, Head of Derivatives at SGX said, “We are delighted to welcome Wing Fung Futures to our growing community of members as we continue to grow the liquidity and global network within our derivatives market.”

Tony Lui, Director of Wing Fung Financial Group said, “We are pleased and honoured to be admitted as a derivatives trading member of SGX. SGX plays a key role in the development of the derivatives markets both globally and within Asia, and we look forward to a continued partnership that will help to grow and better serve our customers in Hong Kong and China.”

The admission of Wing Fung Futures Limited brings the total number of Trading Members in SGX’s derivatives market to 49. The derivatives market also has 24 Clearing Members. In addition, 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.