Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 
OFFON

MarketScreener Homepage  >  Equities  >  SINGAPORE EXCHANGE  >  Singapore Exchange Limited    SGXL   SG1J26887955

SINGAPORE EXCHANGE LIMITED

(SGXL)
My previous session
Most popular
  Report  
SummaryChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
News SummaryMost relevantAll newsOfficial PublicationsSector newsAnalyst Recommendations

Singapore Exchange : Thomson Reuters/SGX SFI series selected as UOB's recommended fixed income benchmark

share with twitter share with LinkedIn share with facebook
share via e-mail
0
10/25/2016 | 05:27am EDT

Thomson Reuters and Singapore Exchange (SGX) today announced that the TR/SGX Singapore Fixed Income Indices (TR/SGX SFI) have been selected as the recommended fixed income benchmark by United Overseas Bank (UOB) following the discontinuation of the UOB SGS Index.

Launched in 2013, the TR/SGX SFI offer a comprehensive solution for tracking the performance of investments in the Singapore debt markets. They offer wide coverage of over 60 government, statutory board and corporate bond indices, and a time-specific assessment of the fair market value of SGD bonds, which are priced objectively and independently by the Thomson Reuters Evaluated Pricing Service.

Stephan Flagel, Global Head of Indices at Thomson Reuters, said, 'We are delighted by UOB's recommendation of the TR/SGX SFI as its official fixed income benchmark. Interest in Singapore's fixed income market has grown recently, particularly in the Corporate and Statutory Board bond segments, alongside the need for trustworthy index products for benchmarking. Thomson Reuters partners with multiple market participants to provide representative benchmarks and investable indices that connect and empower the financial community. Our neutrality and experience allow us to continue to play a key role across the financial markets in driving benchmark reform globally.'

Chew Sutat, Head of Equities and Fixed Income at SGX, said, 'This is an important success for the collaboration between SGX and Thomson Reuters, and supports the positive global trend of banks such as UOB shifting to independent benchmarking solutions. The TR/SGX SFI help to enhance market transparency for both institutional and retail investors and complement SGX's efforts to drive liquidity in the secondary bond market.'

Jimmy Koh, Head of Global Economics and Market Research at UOB, said, 'There is an increasing awareness of independent and objective benchmarking within the financial community. The TR/SGX SFI will further promote market transparency and neutrality in Singapore's debt capital market.'

UOB has communicated the recommended transition procedures for the outgoing SGS index to all of its existing users.

The TR/SGX SFI use transparent, rules based methodologies that adhere to the IOSCO principles for financial benchmarks. UOB will become one of the contributors of prices for the indices, along with local market makers.

For more information about TR/SGX SFI, please see the factsheet available here.

SGX - Singapore Exchange Limited published this content on 25 October 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 25 October 2016 08:27:09 UTC.

share with twitter share with LinkedIn share with facebook
share via e-mail
0
Latest news on SINGAPORE EXCHANGE LIMITED
03/12HONG KONG EXCHANGES AND CLEARING : Singapore Exchange under pressure as HKEX jos..
RE
03/11HKEX to launch futures contracts for MSCI China share index
RE
03/11HKEX to launch futures contracts for MSCI China share index
RE
02/06Bond in SGD issued under China-Singapore program
AQ
01/31SINGAPORE EXCHANGE LIMITED : Ex-dividend day for interim dividend
FA
01/25SINGAPORE EXCHANGE : Asian firm loses $41bn value in mystery trade
AQ
01/24Prudential PLC Appoints State Street Bank Executive as Head of Eastspring
DJ
01/24SINGAPORE EXCHANGE : second quarter profit and revenue rise 9 percent, sees 'gro..
RE
01/24SINGAPORE EXCHANGE : 2Q Net Profit Up 9% from a Year Earlier
DJ
01/21SINGAPORE EXCHANGE : SGX adopts SWIFT's CSD Community Offering
AQ
More news
Financials (SGD)
Sales 2019 879 M
EBIT 2019 442 M
Net income 2019 375 M
Debt 2019 -
Yield 2019 4,24%
P/E ratio 2019 21,07
P/E ratio 2020 19,72
Capi. / Sales 2019 8,96x
Capi. / Sales 2020 8,47x
Capitalization 7 877 M
Chart SINGAPORE EXCHANGE LIMITED
Duration : Period :
Singapore Exchange Limited Technical Analysis Chart | MarketScreener
Full-screen chart
Technical analysis trends SINGAPORE EXCHANGE LIMITED
Short TermMid-TermLong Term
TrendsBearishNeutralNeutral
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus HOLD
Number of Analysts 17
Average target price 7,69  SGD
Spread / Average Target 4,7%
EPS Revisions
Managers
NameTitle
Boon Chye Loh CEO & Non-Independent Executive Director
Muthukrishnan Ramaswami President & Chief Operating Officer
Chong Seng Kwa Chairman
Lay Chew Chng Chief Financial Officer
Tinku Gupta Head-Technology
Sector and Competitors