SGX Welcomes Quam As First Hong Kong Member In Its Derivatives Market
“We are proud to have Quam Securities admitted as a Trading Member in our derivatives market. At a time when Greater China is becoming increasingly prominent, the addition of Quam Securities, which comes from Hong Kong, will enable us to deliver to a broader customer audience, the best tools for risk management and investment,” said Chew Sutat, Executive Vice President at SGX.
“We are delighted to be accepted as a trading member of SGX. This is important in strengthening our ongoing efforts to expand our range of product offering to our clients. We look forward to a solid and fruitful relationship with SGX as we work together to further promote products from the Singapore market to our worldwide clients,” said Kenneth Lam, Deputy Chairman and Chief Executive Officer of Quam Limited.
Quam Securities is the brokerage arm of Quam Limited and provides trading services for securities and futures, and has a global reach spanning markets in Asia, North America and Europe.
The admission of Quam Securities brings the total number of Trading Members in SGX’s derivatives market to 46. The derivatives market also has 27 Clearing Members. In addition, there are 12 Clearing Members for OTC-traded financial derivatives on SGX AsiaClear. In the securities market, there are 26 Trading Members and 26 Clearing Members respectively.