SGX sees 75% of listed CNH futures volume, Lam says
Singapore Exchange boasts 200% growth year-on-year in renminbi in August; hits two consecutive records for Indian rupee in September
Daily average volumes in the Indian rupee and the Chinese renminbi hit new records on the Singapore Exchange (SGX) in September, while volumes in the Chinese renminbi increased by over 200% in August compared with the same month in 2016.
KC Lam, the head of FX and rates at SGX, says the exchange is establishing itself as the market’s foremost marketplace for listed Asian currencies, aided by its location at the largest Asian FX hub, Singapore, as well as the attraction of its multi-asset class
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