The presence of all three major CCPs in Singapore could transform the financial centre into a clearing hub
Hubs are defined as the effective centres for an activity or
network. Some of the more well-known examples include Hollywood
for movies, Savile Row for tailors or Bordeaux for fine
The conundrum for firms considering establishing themselves
within the focal points of these respective industries is
whether the benefits of the overall magnitude of the area
outweighs the opportunity to grab entire market share for
yourself in a separate location.
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