Published On: Thu, May 3rd, 2012

SGX Welcomes Concord Futures as New Member

Chew Sutat, Head of Sales & Clients at SGX

Chew Sutat, Head of Sales & Clients at SGX

Singapore Exchange (SGX) announced May 3 that Concord Futures Corp. has joined its derivatives market as a new Trading Member.

“We are delighted that Taiwan-based Concord Futures has joined SGX as a Trading Member. We are pleased that Taiwanese and international market participants have been very supportive of our MSCI Taiwan Index futures since its launch more than 15 years ago. As the largest offshore market for Taiwanese equity index futures, we now have 5 Taiwanese brokers connecting to us as members. We look forward to their continued support and wider participation going forward,” said Mr Chew Sutat, Head of Sales & Clients at SGX.

Mr Cheng Ta-Yu, Chairman of Concord Futures Corp., said: “We are excited to join as an SGX member. With the membership, we look forward to building stronger business relationships with our customers, and to connect more of them to SGX’s extensive suite of derivatives products.”

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