SGX

SGX: LSE has signed an MOU to enable cross-trading with SGX on their large and actively traded stocks. The agreement will allow SGX members to trade FTSE100 securities on SGX’s GlobalQuote Board while LSE members will be able to trade 36 securities of SGX leading indices on LSE’s newly-created International Board. The proposed collaboration will occur in stages with SGX securities quoted on LSE’s new board by early next quarter. Trading of Singapore stocks in London will be carried out in their respective listed currencies including Singapore and US dollars, and trading on SGX of FTSE100 stocks will be in pound sterling.