12 August 2010 – Singapore Exchange (SGX) is consulting the public on the proposed contract specifications for the SGX EURO STOXX 50 Index Futures and Options

The SGX EURO STOXX 50 Index Futures contract is a standard, cash-settled futures contract based on the EURO STOXX 50 Index. The SGX EURO STOXX 50 Index Options contract is a standard options contract based on the SGX EURO STOXX 50 Index Futures.

The proposed SGX EURO STOXX 50 Index Futures and Options contracts will expand SGX’s existing suite of equity index futures and options beyond Asian-based products. As the SGX market opens before the European markets, investors who trade in SGX EURO STOXX 50 Index Futures and Options will benefit from being able to respond earlier to developments occurring outside of European trading hours but affecting European equity markets.  Investors will also be better able to manage their European equity exposures during Asian trading hours.

The consultation paper on the SGX EURO STOXX 50 Index Futures and Options, which details the rationale and proposed contract specifications, will be available on the SGX website www.sgx.com from today.  Market participants and members of the public can send in their comments and suggestions on the proposed contract from today until 23 August 2010 via email and either by post/courier or fax to:

Email:            rules@sgx.com

and

Post/Courier:  Singapore Exchange

                      2 Shenton Way, SGX Centre 1

                      #19-00, Singapore 068804

 Attn:              Chan Huimin

                      Regulatory Policy

 Fax:               +65 6534 2207