
SGX, AMTD partner to enhance connectivity between financial markets
The collaboration aims to support entrepreneurs through its initiatives.
The Singapore Exchange has entered into a long-term partnership with financial solutions provider AMTD International (AMTD) to promote the development of Singapore’s capital markets and strengthen connectivity between Singapore and other financial markets, according to a press release.
Also read: AMTD Group unit now listed in SGX
AMTD also announced initiatives aimed at supporting entrepreneurs, startups and businesses by enabling opportunities for efficient market access and fundraising.
AMTD Digital said that it will use its existing data in the AMTD SpiderNet eco-system to offer advice and guidance that may help corporates make use of relevant data whilst SGX will support the organisation's growth through its connectivity.
To support the next generation of investment bankers and connect Abu Dhabi with Singapore and other global capital markets, AMTD will establish the Abu Dhabi AMTD Investment Bank Academy (AAA). SGX will act as a knowledge partner of AAA by providing information and insights on capital markets.
In addition, AMTD and SGX will jointly explore the issuance and servicing of fixed income securities in Singapore, as well as the wider adoption of blockchain in capital markets, international payments and settlements and trade finance.
Further, AMTD Group is joining forces with the Singapore FinTech Association (SFA) to establish an AMTD Global FinTech Fellowship Programme in Singapore, which will connect local entrepreneurs with Singapore’s capital markets.