SGX - General Announcement::SGX announces launch of bond trading platform
Announcement Type: General Announcement
Company: SINGAPORE EXCHANGE LIMITED
Stock Code/Name: S68 - SGX
Company: SINGAPORE EXCHANGE LIMITED
Stock Code/Name: S68 - SGX
| General Announcement::SGX announces launch of bond trading platform |
| Issuer & Securities |
| Issuer/ Manager | SINGAPORE EXCHANGE LIMITED |
| Securities | SINGAPORE EXCHANGE LIMITED - SG1J26887955 - S68 |
| Stapled Security | No |
| Announcement Details |
| Announcement Title | General Announcement |
| Date & Time of Broadcast | 26-Nov-2014 18:58:56 |
| Status | New |
| Announcement Sub Title | SGX announces launch of bond trading platform |
| Announcement Reference | SG141126OTHREB7P |
| Submitted By (Co./ Ind. Name) | Carolyn Lim |
| Designation | Vice President |
| Description (Please provide a detailed description of the event in the box below) | Singapore Exchange (SGX) today announced its intention to launch a bond trading platform by mid-2015. It will initially trade Asian corporate bonds in G3 currencies, with Asian local currencies to follow. To drive this initiative, the first of its kind focused on Asian bonds, SGX has formed a new subsidiary, SGX Bond Trading ( SGX BT ). The development of this platform will be executed in close consultation with the industry, and the platform aims to become an Asian Liquidity Centre for both high-yield and investment-grade corporate bonds. SGX held an inaugural Steering Committee meeting with senior representatives of 32 leading Asian fixed income dealers and investors yesterday and will continue to do this at periodic intervals leading to the launch of the platform. The Steering Committee will provide strategic direction and feedback to SGX on the development and refinement of services provided by SGX Bond Trading to address the needs of Asian bond market participants. SGX has signed a long-term contract with electronic trading solutions provider TradingScreen as the technology platform provider and will work with the industry to develop end-to-end automation to make trading in these instruments more efficient. Magnus Bocker, CEO, SGX, said, SGX believes that in the long term, the Asian fixed income markets are poised for strong growth, given the region s growing infrastructure needs and investor demand for steady, long-term returns. SGX is pleased to work closely with the Asian fixed income community to build and operate an electronic OTC liquidity venue dedicated to Asian bonds to facilitate this growth. Muthukrishnan Ramaswami, President, SGX, said, We have had a long history of collaborating with the industry in many areas of market infrastructure. Our goal is better fixed income markets for Asian market participants and we will ensure that this venue offers many different trading approaches which are the characteristic of OTC markets. Our aim is to help both buy and sell side participants with their needs. Eric Lafon, Managing Director, FX, Rates & Credit Distribution, UBS AG, said, UBS has had a long history of pioneering market infrastructure changes globally across FX, Rates and Credit. SGX new trading venue has the potential to transform the Asian bond secondary markets for the benefit of its participants and reinforces Singapore's position as a leader in financial markets innovation." Biswaroop Tapan Barua, Managing Director and Head of Fixed Income & Credit Products, Group Wealth Management, Standard Chartered Bank, and member of the Steering Committee, said, We are an active participant in the Asian bond market and are looking forward to SGX entering the OTC markets. We believe that SGX s entry will make the market significantly more efficient at a time when several players are cutting back on the scale of their participation in the fixed income markets. SGX s entry will be very beneficial to our clients and will enable us to provide an enhanced level of service to investors. Ong Kwee Peng, Head of Fixed Income at AIA Singapore, an insurance company and member of the Steering Committee, said, As The Real Life Company and a major investor in Asian bonds, AIA Singapore is committed to continuously looking for ways to improve liquidity and price discovery that will benefit our policyholders. We believe a platform dedicated to Asian bonds will help us achieve that goal. Rohan Thakrar, Head of Asian Credit at Royal Bank of Scotland and member of the Steering Committee, said, We have had a long history of working with SGX in many areas of market infrastructure. Our goal is better fixed income markets for our customers and we are glad to see that this venue will offer many different trading approaches which are the characteristic of OTC markets. Erik Tham, Fixed Income execution desk at UBS Wealth Management and member of the Steering Committee, said, A dedicated electronic platform will help market participants to adopt electronic order routing and auto-execution capabilities for Asian bonds. This will enable investors to access Asian liquidity at an unequalled level of efficiency and standardisation. -End- |
| Attachments |
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Serial System - Asset Acquisitions and Disposals
Announcement Type: Asset Acquisitions and Disposals
Company: SERIAL SYSTEM LTD
Stock Code/Name: S69 - Serial System
Company: SERIAL SYSTEM LTD
Stock Code/Name: S69 - Serial System
| Asset Acquisitions and Disposals::THE PROPOSED ACQUISITION OF THE ENTIRE TRADING AND DISTRIBUTION BUSINESS OF GSH CORPORATION LIMITED |
| Issuer & Securities |
| Issuer/ Manager | SERIAL SYSTEM LTD |
| Securities | SERIAL SYSTEM LTD - SG1E36851343 - S69 |
| Stapled Security | No |
| Announcement Details |
| Announcement Title | Asset Acquisitions and Disposals |
| Date & Time of Broadcast | 26-Nov-2014 18:55:06 |
| Status | New |
| Announcement Sub Title | THE PROPOSED ACQUISITION OF THE ENTIRE TRADING AND DISTRIBUTION BUSINESS OF GSH CORPORATION LIMITED |
| Announcement Reference | SG141126OTHRK8Y9 |
| Submitted By (Co./ Ind. Name) | Wui Heck Koon |
| Designation | Company Secretary |
| Description (Please provide a detailed description of the event in the box below) | Please refer to attachment. |
| Attachments |
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Regal Intl - Disclosure of Interest/ Changes in Interest
Announcement Type: Disclosure of Interest/ Changes in Interest
Company: REGAL INTERNATIONAL GROUP LTD.
Stock Code/Name: UV1 - Regal Intl
Company: REGAL INTERNATIONAL GROUP LTD.
Stock Code/Name: UV1 - Regal Intl
| Disclosure of Interest/ Changes in Interest of Director/ Chief Executive Officer::Disclosure of Change in Director's Interest |
| Issuer & Securities |
| Issuer/ Manager | REGAL INTERNATIONAL GROUP LTD. |
| Stapled Security | No |
| Announcement Details |
| Announcement Title | Disclosure of Interest/ Changes in Interest of Director/ Chief Executive Officer |
| Date & Time of Broadcast | 26-Nov-2014 18:11:05 |
| Status | New |
| Announcement Sub Title | Disclosure of Change in Director's Interest |
| Announcement Reference | SG141126OTHRHNX8 |
| Submitted By (Co./ Ind. Name) | Su Chung Jye |
| Designation | Executive Chairman and Chief Executive Officer |
| Description (Please provide a detailed description of the event in the box below - Refer to the Online help for the format) | Please refer to the attached file. |
| Additional Details |
| Person(s) giving notice | Director/Chief Executive Officer who may also be a substantial shareholder/unitholder (Form 1) |
| Date of receipt of notice by Listed Issuer | 25/11/2014 |
| Attachments |
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Regal Intl - Disclosure of Interest/ Changes in Interest
Announcement Type: Disclosure of Interest/ Changes in Interest
Company: REGAL INTERNATIONAL GROUP LTD.
Stock Code/Name: UV1 - Regal Intl
Company: REGAL INTERNATIONAL GROUP LTD.
Stock Code/Name: UV1 - Regal Intl
| Disclosure of Interest/ Changes in Interest of Director/ Chief Executive Officer::Disclosure of Change in Director's Interest |
| Issuer & Securities |
| Issuer/ Manager | REGAL INTERNATIONAL GROUP LTD. |
| Stapled Security | No |
| Announcement Details |
| Announcement Title | Disclosure of Interest/ Changes in Interest of Director/ Chief Executive Officer |
| Date & Time of Broadcast | 26-Nov-2014 18:07:33 |
| Status | New |
| Announcement Sub Title | Disclosure of Change in Director's Interest |
| Announcement Reference | SG141126OTHRDS2D |
| Submitted By (Co./ Ind. Name) | Su Chung Jye |
| Designation | Executive Chairman and Chief Executive Officer |
| Description (Please provide a detailed description of the event in the box below - Refer to the Online help for the format) | Please refer to the attached file. |
| Additional Details |
| Person(s) giving notice | Director/Chief Executive Officer who may also be a substantial shareholder/unitholder (Form 1) |
| Date of receipt of notice by Listed Issuer | 25/11/2014 |
| Attachments |
|
Regal Intl - Disclosure of Interest/ Changes in Interest
Announcement Type: Disclosure of Interest/ Changes in Interest
Company: REGAL INTERNATIONAL GROUP LTD.
Stock Code/Name: UV1 - Regal Intl
Company: REGAL INTERNATIONAL GROUP LTD.
Stock Code/Name: UV1 - Regal Intl
| Disclosure of Interest/ Changes in Interest of Substantial Shareholder(s)/ Unitholder(s)::Disclosure of change in interest of Substantial Shareholder |
| Issuer & Securities |
| Issuer/ Manager | REGAL INTERNATIONAL GROUP LTD. |
| Stapled Security | No |
| Announcement Details |
| Announcement Title | Disclosure of Interest/ Changes in Interest of Substantial Shareholder(s)/ Unitholder(s) |
| Date & Time of Broadcast | 26-Nov-2014 18:03:40 |
| Status | New |
| Announcement Sub Title | Disclosure of change in interest of Substantial Shareholder |
| Announcement Reference | SG141126OTHRCI8S |
| Submitted By (Co./ Ind. Name) | Su Chung Jye |
| Designation | Executive Chairman and Chief Executive Officer |
| Description (Please provide a detailed description of the event in the box below - Refer to the Online help for the format) | Please refer to the attached file. |
| Additional Details |
| Person(s) giving notice | Substantial Shareholder(s)/Unitholder(s) (Form 3) |
| Date of receipt of notice by Listed Issuer | 25/11/2014 |
| Attachments |
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