Asian group said it will hike its default contribution by S$50 million in October
The Singapore Exchange has taken the
unusual step of raising its contribution to its own default
fund by S$50 million (£23 million), keeping the
group’s "skin in the game" above 25% of its
The Asian exchange group said on Thursday
it will increase its own contribution to its exchange-trade and
over-the-counter default fund by S$50 million to a total of
S$200 million on October 19.
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