MIT on TRAC with OCBC Bank for trade finance

Maggie Cheong, head of transaction and collateral management-global commodities finance at OCBC

Swiss vendor MIT (Micro-Informatique & Technologies) has signed a contract with OCBC Bank to support its commodity trade finance business with its TRAC (Trade Risk Active Control) system. Maggie Cheong, head of transaction and collateral management, global commodities finance at OCBC, explains the bank’s choice: “We have chosen the TRAC system as it provides the […]

Singapore Exchange and EBS Market to build bridge between FX OTC and futures

Singapore's SGX and EBS Market are targeting OTC business

The Singapore Exchange is to launch FX block futures on ICAP’s FX platform EBS Market, in a deal the two companies say will bridge the FX OTC and futures markets. The move comes as regulators around the world seek to move as much trading activity towards cleared platforms as possible, as part of the ongoing G20 reform agenda.

The Big Red Dot: a guide to Singapore


A prosperous, clean and safe place to visit, Singapore also offers a wide variety of culinary delights. 

CLTX Singapore rolls out commodity futures platform

Singapore's CLTX platform will be supported by Deutsche Borse's infrastructure

Singapore futures market Cleartrade Exchange has launched a new matching and trading platform, CLTX Trader, which will go live on Deutsche Börse’s global trading architecture. The exchange says the new technology will help support more advanced trading strategies for commodity derivatives.

DBS Bank Singapore overhauls anti-crime tools

Singapore-based Standard Chartered aims to achieve collateral efficiencies

Singapore’ DBS Bank has begun a major overhaul of its financial crime prevention strategy, as the bank seeks to upgrade its suspicious activity monitoring, due diligence and risk tools.

Exporting payments excellence


The Singapore challenge Singapore is an advanced economy that employs a variety of clearing and settlement systems. It needed to transform its payments infrastructure to offer instant interbank transfers. The core technology VocaLink could deliver a practical solution, Immediate Payments (IPS), and also offer practical support during the implementation and beyond. BCS could embed IPS […]

The rise of the Asian superbroker

Steve Grob is group strategy director at Fidessa

As the global banks grapple with tides of regulation, fines, and a myriad of other post-crisis issues, local Asian institutions are tooling up and stepping in to fill the gaps.

Collateral tops concerns at Singapore Securities Financing Conference Asia 2014

The Singapore Exchange and Clearstream will target Asia's need for collateral

Sourcing the right collateral to cover global exposures has risen up the list of priorities for financial institutions in Asia in the past 12 months as concerns mount over a possible collateral shortfall, according to a poll conducted by the Singapore Exchange and Clearstream at the Global Securities Financing Conference Asia 2014 in Singapore.

ICE acquires Singapore Mercantile Exchange and clearing house

ICE has now established a presence in Singapore (pictured) with its acquisition of SMX

IntercontinentalExchange is to acquire Singapore Mercantile Exchange, including the venue’s clearing house, in a deal that will give it a foothold in Asia for the first time. SMX offers futures for metals, currencies, energy and agricultural commodities.

Singapore Exchange partners with Clearstream for Asian collateral service

The Singapore Exchange and Clearstream will target Asia's need for collateral

The Singapore Exchange and Luxembourg-based Clearstream are planning to launch a collateral management service that should help customers use assets as collateral at SGX’s securities depository CDP.