APEX to launch Singapore's 3rd derivatives exchange

From The Straits Times

Feb 26, 2018


SINGAPORE - Asia Pacific Exchange Pte (Apex) has received approval from the Monetary Authority of Singapore (MAS) to start a third derivatives exchange as well as a clearing house in the city-state.

Apex, which changed its name from Asia Investment Pte on Aug 17 last year, plans to launch trading in the second quarter of 2018, with USD-denominated physically-delivered palm olein futures as its first contract.

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