SGX welcomes GH Financials to derivatives market

September 28, 2011 at 12:00 AM EDT
SGX welcomes GH Financials to derivatives market

Singapore Exchange (SGX) said G.H. Financials Limited is joining its derivatives market as a Trading Member.

“We are delighted that U.K.-based G.H. Financials has chosen to be our Trading Member. With this addition, we look forward to greater international participation in our derivatives market where customers can access a wide range of Asian equity index derivatives from early in the Asian morning to late European hours each day,” said Mr Chew Sutat, Head of Sales & Clients at SGX.

"I am excited to see G.H. Financials join such a well regarded institution as SGX,” said Mr Gedon Hertshten, Chairman of GHF Group. “We are keen to commence trading its products."

The addition of G.H. Financials brings the number of Trading Members in the derivatives market to 37. The derivatives market also has 37 Clearing Members. In addition, the securities market has 30 Trading Members and 29 Clearing Members.

About GHF Group

The GHF Group is a leading financial services company with offices in China, Hungary, India, Israel, Mauritius, Romania, and the United Kingdom that carry out a range of global activities in the international financial markets. The GHF Group offers high quality services to professional traders, proprietary trading groups, hedge funds and other financial institutions. These services consist of clearing and settlement of exchange-traded futures and options transactions and the provision of electronic trading access to all major derivatives exchanges in Europe, North America and Asia. G.H. Financials Limited is part of the GHF Group.

For more about GHF Group, visit www.ghfgroup.com

About SGX

Singapore Exchange (SGX) is the Asian Gateway, connecting investors in search of Asian growth to corporate issuers in search of global capital. SGX offers its clients Asia’s broadest span of equity index derivatives, uniquely centred on Asia’s three largest economies – China, India and Japan. SGX represents the premier access point for managing Asian capital and investment exposure, and is Asia’s most internationalised exchange with more than 40% of companies listed on SGX originating outside of Singapore.

In addition to offering a fully integrated value chain from trading and clearing, to settlement and depository services, SGX is also Asia’s pioneering central clearinghouse. Headquartered in Asia’s most globalised city, and centred within the AAA strength and stability of Singapore’s island nation, SGX is a peerless Asian counterparty for the clearing of financial and commodity products.

For more about SGX, visit www.sgx.com

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