SGX looks to Trac-x futures

New angles

newangles-2-gif

The Singapore Exchange (SGX) has signed a memorandum of understanding with Dow Jones to list futures contracts based on the Trac-x credit default swap indexes. This is the first step towards exchange-traded credit derivatives contracts, a move that is hoped will improve liquidity in Asia’s credit derivatives market.

“We are in discussions on the licensing provisions to list and trade futures contracts based on the Trac-x indexes,” notes an SGX official. A Dow Jones Indexes spokesperson said the

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@risk.net or view our subscription options here: http://subscriptions.risk.net/subscribe

You are currently unable to copy this content. Please contact info@risk.net to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Risk.net? View our subscription options

You need to sign in to use this feature. If you don’t have a Risk.net account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account here