The Singapore exchange is relying increasingly on its derivatives revenue, which soared 42 percent in the year to end-June and accounted for 38 percent of total revenue
SINGAPORE: Singapore took another step towards making dual-class share structures a reality in the city-state, with the Singapore Exchange Ltd (SGX) kicking off a public consultation on the controversial market mechanism.
SGX, which has seen a slump in initial public offerings (IPOs) in recent years, said yesterday the two-month long public consultation would look into admission criteria and safeguards against possible risks.
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