SGX Contributes to Japan Relief Efforts
Singapore Exchange (SGX) will donate all clearing fees received for the trading of all Nikkei products on SGX for trade date Friday 25 March, towards the Japan Disaster Relief. The SGX suite of Nikkei products are namely, the Yen-denominated Nikkei futures and options, USD-denominated Nikkei futures, Mini Nikkei futures and Nikkei Dividend futures.
Said Magnus Böcker, Chief Executive Officer, Singapore Exchange, “We extend our deepest condolences to Japan and her people following the recent devastating earthquake and tsunami. SGX has a long standing relationship with Japan’s financial community, including the Tokyo Stock Exchange, the Osaka Securities Exchange and Nikkei Inc. We hope this will contribute, in some way, to supporting Japan’s rescue and recovery efforts.”
In addition, SGX and its staff pooled a total of S$100,000 cash for the Japan Disaster Relief. All amounts raised will go to the Japan Disaster Relief through the Singapore Red Cross Society.