Published On: Mon, Nov 25th, 2013

Sunrise Brokers Joins SGX as Derivatives Trading Member

Chew Sutat, Head of Sales, SGX

Chew Sutat, Head of Sales, SGX

Singapore Exchange (SGX) welcomes Sunrise Brokers (Hong Kong) Limited to its derivatives market as a Trading Member.

Chew Sutat, Head of Sales and Clients at SGX said, “We are delighted to have Sunrise Brokers, a leading broker, join our derivatives market. With its new role, Sunrise Brokers will be better placed to serve customers who are keen on Asian opportunities. We look forward to Sunrise Brokers’ participation on SGX, the most liquid offshore market for key Asian equity derivatives, as we grow our distribution in Greater China and add new contracts in the coming months.”

“We are delighted to be accepted as a trading member of SGX. As a leading inter-dealer broker we are pleased to broaden our offering to our clients in the Asian region and beyond. We continue to invest globally in infrastructure and technology to enhance our offering to our clients and we look forward to a long and mutually beneficial relationship with SGX as we work together to enhance liquidity and depth of markets,” said Simon Harman, Managing Director, Sunrise Brokers (Hong Kong) Limited

The admission of Sunrise Brokers brings the number of Trading Members for SGX’s derivatives market to 45. The derivatives market also has 28 Clearing Members. In addition, there are 12 Clearing Members for the clearing of OTC-traded financial derivatives on SGX AsiaClear while the securities market has 25 Trading Members and 26 Clearing Members.

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