Copying and distributing are prohibited without permission of the publisher
SGX to list metal futures using LME pricing
01 September 2010
The Singapore Exchange plans to introduce mini monthly metals futures contracts, beginning in the first quarter of 2011.
Read more:
SGX
Singapore Exchange
Singapore
LME
metals futures
London Metal Exchange
copper
zinc
steel
They will be cash-settled against prices from the London Metal Exchange.
SGX intends to begin with non-ferrous metals such as copper and zinc, and add steel billet derivatives later, subject to regulatory approval. Trading and clearing will take place at SGX.