SGX, the Singapore Exchange, is looking to further boost its Chinese derivatives business by offering to collaborate with a planned new local futures venture backed by the founders of one of China’s largest hedge funds.
Loh Boon Chye, the bourse’s chief executive, told the Financial Times he was willing to open its clearing infrastructure to the challenger, called Apex, so it could conduct futures trading in the city state.
Apex is a new Singapore derivatives exchange focused on commodities. It is backed by Eugene Zhu, former head of Dalian Commodity Exchange, and Ge Weidong, a renowned trader who is head of Chinese hedge fund Shanghai Chaos, a mainland-based investor with an outsized impact on markets.
您已閱讀54%（710字），剩余46%（609字）包含更多重要信息，訂閱以繼續探索完整內容，并享受更多專屬服務。