Fortis Clearing Singapore Pte Ltd is the first SGX Clearing Member to sign an agreement with the SGX Singtel Proximity Service for a go-live date in September.
The agreement will allow Fortis’s customers, amongst the broker, professional traders and institutional community, to benefit of the quickest access possible to SGX’s derivatives trading engines.
“This is a very exciting development for our service offering in the Asia Pacific region, and builds on our global strategy of offering a high quality clearing and market access service,” says Andrew Bennett, head of market access in Asia Pacific for Fortis Clearing.