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Singapore Exchange Ltd (SGXL.SI)

SGXL.SI on Stock Exchange of Singapore

7.43SGD
15 Aug 2018
Change (% chg)

$0.07 (+0.95%)
Prev Close
$7.36
Open
$7.42
Day's High
$7.46
Day's Low
$7.40
Volume
3,197,700
Avg. Vol
2,035,640
52-wk High
$8.50
52-wk Low
$7.05

Latest Key Developments (Source: Significant Developments)

Singapore Exchange Amends Listing Rules After MAS Accepts CG Council's Recommendations
Monday, 6 Aug 2018 

Aug 6 (Reuters) - Singapore Exchange Ltd ::SGX AMENDS LISTING RULES AFTER MAS ACCEPTS CG COUNCIL'S RECOMMENDATIONS.LISTING RULE CHANGES WILL COME INTO EFFECT ON 1 JANUARY 2019.TO MAKE AMENDMENTS TO LISTING RULES FOLLOWING MAS ACCEPTANCE OF CORPORATE GOVERNANCE (CG) COUNCIL'S RECOMMENDATIONS.RULES ON 9YEAR TENOR FOR INDEPENDENT DIRECTORS, REQUIREMENT FOR SUCH DIRECTORS TO COMPRISE ONE-THIRD OF BOARD BECOME EFFECTIVE ON JAN 1,2022.  Full Article

Singapore Exchange Announces Change in Dividend Policy
Friday, 27 Jul 2018 

July 27 (Reuters) - Singapore Exchange Ltd ::FINAL DIVIDEND 15 CENTS PER SHARE.FX DERIVATIVES BUSINESS EXPECTED TO CONTRIBUTE POSITIVELY TO NET PROFIT IN NEXT FEW YEARS.FROM FY2019, SGX WILL REVISE ITS DIVIDEND POLICY FROM ONE BASED ON A PERCENTAGE OF NET PROFIT, TO ONE BASED ON AN ABSOLUTE AMOUNT.SGX WILL PAY A HIGHER DIVIDEND OF 7.5 CENTS PER SHARE, STARTING FROM Q1 OF FY2019.DIVIDENDS WILL BE PAID QUARTERLY AND WILL BE DECIDED BY BOARD.  Full Article

Singapore Exchange Posts Qtrly Net Profit After Tax Attributable Of S$83.673 Mln
Friday, 27 Jul 2018 

July 27 (Reuters) - Singapore Exchange Ltd ::QTRLY OPERATING REVENUE S$213 MILLION VERSUS S$207.7 MILLION.QTRLY NET PROFIT AFTER TAX ATTRIBUTABLE S$83.673 MILLION VERSUS S$85.2 MILLION.PROSPECT OF ESCALATING TRADE TENSIONS & MODERATING GLOBAL GROWTH MAY RESULT IN HIGHER MARKET VOLATILITY, MORE DEMAND FOR RISK MANAGEMENT SOLUTIONS.FY2019 OPERATING EXPENSES EXPECTED TO BE BETWEEN S$445 MILLION - S$455 MILLION, TECHNOLOGY-RELATED CAPITAL EXPENDITURE TO BE BETWEEN S$60 MILLION - S$65 MILLION."SEE AN OPPORTUNITY TO DEVELOP A DIGITAL MARKETPLACE IN GLOBAL FREIGHT INDUSTRY".  Full Article

Singapore Exchange Resumes Talks With India' NSE On Potential Collaboration In GIFT IFSC
Wednesday, 25 Jul 2018 

July 25 (Reuters) - Singapore Exchange Ltd ::SINGAPORE EXCHANGE AND NATIONAL STOCK EXCHANGE HAVE RESUMED DISCUSSIONS ON A POTENTIAL COLLABORATION IN GIFT IFSC.SGX AND NSE WILL JOINTLY ENGAGE AND CONSULT RELEVANT STAKEHOLDERS ON THE PROPOSED COLLABORATION.PENDING OUTCOME OF DISCUSSIONS, LEARNED ARBITRATOR GRANTED DEFERMENT OF ARBITRATION PROCEEDINGS BETWEEN SGX AND IISL.  Full Article

Singapore Exchange Announces Rule Changes For Listing Of Mineral, Oil and Gas Companies
Monday, 23 Jul 2018 

July 23 (Reuters) - Singapore Exchange Ltd ::SGX ENABLES LISTING AT EARLIER DEVELOPMENT STAGE FOR MOG COMPANIES.AMENDED RULES ARE EFFECTIVE 23 AUGUST 2018.COMPANIES AT AN EARLIER STAGE OF DEVELOPMENT CAN NOW LIST UNDER THE FRAMEWORK.RATHER THAN PROPOSED SUMMARY QUALIFIED PERSON'S REPORT, SGX TO REQUIRE ANNUAL SUMMARY OF RESERVES AND RESOURCES.  Full Article

SGX Proposes To Enhance Default Management Capabilities Of Derivatives & Securities Clearing Houses
Thursday, 19 Jul 2018 

July 19 (Reuters) - Singapore Exchange Ltd ::SGX PROPOSES TO ENHANCE DEFAULT MANAGEMENT CAPABILITIES OF DERIVATIVES AND SECURITIES CLEARING HOUSES.PROPOSES TO INTRODUCE AUCTION FOR LIQUIDATING DEFAULTED CLEARING MEMBER'S POSITIONS IN EXCHANGE-TRADED DERIVATIVES CONTRACTS.SGX EXPECTS TO IMPLEMENT AMENDMENTS IN Q4, SUBJECT TO REGULATORY APPROVAL.SEEKING PUBLIC FEEDBACK ON PROPOSED AMENDMENTS TO CLEARING RULES OF SINGAPORE EXCHANGE DERIVATIVES CLEARING AND CENTRAL DEPOSITORY (PTE) LTD.ALSO PROPOSES TO INTRODUCE AUCTION FOR LIQUIDATING DEFAULTED CLEARING MEMBER'S POSITIONS IN OVER-COUNTER COMMODITIES CONTRACTS.PROPOSES TO LET CDP WRITE OFF UNSETTLED BUY TRADES BY DEFAULTED CDP CLEARING MEMBER'S IF SECURITIES ARE NOT FORCE-SOLD BY 7TH DAY, AS LOSS TO CDP.  Full Article

Singapore Exchange Rolls Out New FX Solution
Tuesday, 10 Jul 2018 

July 10 (Reuters) - Singapore Exchange Ltd ::SGX ROLLS OUT NEW FX SOLUTION WITH INNOVATIVE FLEXIBLE FEATURES.NEW SGX FLEXC FX FUTURES OFFER PARTICIPANTS TO TRADE CUSTOMISABLE FX FUTURES OVER THE COUNTER AND CLEAR TRADES ON SGX'S PLATFORM.  Full Article

Singapore Exchange Announces Market Statistics For June 2018
Friday, 6 Jul 2018 

July 6 (Reuters) - Singapore Exchange Ltd ::JUNE TOTAL DERIVATIVES VOLUME WAS 17.82 MILLION, UP 7% MONTH-ON-MONTH AND UP 14% YEAR-ON-YEAR.JUNE TOTAL SECURITIES MARKET TURNOVER VALUE WAS AT S$24.3 BLN, DOWN 14% MONTH-ON-MONTH.  Full Article

Singapore Exchange Proposes To Recalibrate Financial & Capital Requirements Of Bank
Thursday, 5 Jul 2018 

July 5 (Reuters) - Singapore Exchange Ltd ::SGX PROPOSES TO RECALIBRATE FINANCIAL AND CAPITAL REQUIREMENTS OF BANK AND REMOTE MEMBERS.PROPOSED AMENDMENTS ARE TO CLEARING RULES OF SGX- DERIVATIVES CLEARING & CENTRAL DEPOSITORY.PROPOSED AMENDMENTS ARE ALSO TO TRADING RULES OF SGX-SECURITIES TRADING AND FUTURES TRADING RULES.PROPOSED CHANGES INCLUDE REMOVAL OF SGX-IMPOSED RISK-BASED CAPITAL (RBC) REQUIREMENTS ON BANK MEMBERS AND REMOTE MEMBERS.PROPOSED CHANGES INCLUDE REDEFINITION OF BASE CAPITAL FOR BANK AND REMOTE MEMBERS & REMOVAL OF NET LIQUID CAPITAL REQUIREMENTS FOR RTMS.CHANGES ARE TARGETED TO BE EFFECTIVE IN Q4 OF 2018.  Full Article

Singapore Exchange Launches Rules For Listing Of Dual Class Shares Companies
Tuesday, 26 Jun 2018 

June 26 (Reuters) - Singapore Exchange Ltd ::SGX LAUNCHES RULES FOR LISTING OF DUAL CLASS SHARES COMPANIES.INTRODUCED RULES THAT MAKE POSSIBLE LISTING OF COMPANIES WITH DUAL CLASS SHARES (DCS) STRUCTURES.  Full Article