Current location - Trademark Inquiry Complete Network - Futures platform - Brief introduction of Singapore international financial exchange
Brief introduction of Singapore international financial exchange
1986, Singapore international financial exchange launched the Nikkei 225 index futures before Japan, which became the main place for international financial institutions to trade the Nikkei 225 index, creating a precedent for futures trading based on other countries' stock indexes. Although Japan launched similar products two years later, they never regained the dominance of index futures. After the chase, the transaction volume is only half that of Singapore. Then, at 1997, the Singapore International Finance Exchange took the lead in launching Morgan Taiwan Province index futures. Subsequently, Taiwan Province Futures Exchange also launched similar products, but its trading volume in the first half of 2006 was only 5,022 lots, while the trading volume in the Singapore market reached 5.22 million lots in the same period, which was 1 10,000 times that of Taiwan Province Province. 1998, Singapore International Finance Exchange launched Morgan Hong Kong Index Futures, which has a 99.995% correlation with Hang Seng Index Futures of Hong Kong Futures Exchange, and has more advantages in cost and trading time. Subsequently, Singapore Straits Times Index Futures was launched.

From 65438 to 0989, Singapore International Finance Exchange became the first energy futures trading market in Asia. It has also established cooperative relations with internationally influential exchanges such as Tokyo International Financial Futures Exchange and London International Financial Futures Options Exchange. 80% of the trading customers of Singapore International Financial Exchange come from the United States, Europe, Japan and other countries. From the perspective of products and business scope, it has covered the North American and European markets. Therefore, the Singapore International Finance Exchange was named the best international exchange of the year by the British International Finance Review in 1989, 1992 and 1993, and it is the only exchange in Asia. 65438-0999 Singapore International Financial Exchange was selected as the best derivative commodity exchange in Asia by Asset magazine and assetasia. In 2000, SIMEX was awarded the title of Best Derivatives Exchange in 2000 by Asian Risk magazine.

Of all the 35 clearing members of Singapore International Financial Exchange (clearing members, that is, shareholders of SIMEX), one clearing member should own 1 share and have 3 trading seats. In addition to these 35 settlement members, SIMEX has 472 institutional trading seats for non-settlement members and 147 individual trading seats for non-settlement members.