Bright Smart joins SGX as Derivatives Trading Member
As SGX expands its Greater China footprint.
Singapore Exchange today welcomed Hong Kong-based Bright Smart Futures and Commodities Company Limited to its derivatives market as a trading member.
“We are pleased that Bright Smart has joined the SGX family as we continue to expand our footprint in Greater China. The active participation of Bright Smart and their network of clients will add to the liquidity in our suite of derivative products,” said Chew Sutat, Head of Sales and Clients at SGX.
SGX said that the admission of Bright Smart Futures and Commodities Company Limited brings the total number of Trading Members in SGX’s derivatives market to 49.
The derivatives market also has 27 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.