Singapore Mercantile Exchange Explained

Singapore Mercantile Exchange Pte. Ltd. (SMX)
Type:Commodities exchange
City:Temasek Avenue
Country:Singapore
Key People:Ang Swee Tian (Chairman), Jignesh Shah (Vice Chairman), V. Hariharan (CEO)
Commodity:Precious metals, base metals, agriculture commodities, energy, currencies and commodity indices
Owner:Financial Technologies Group
Currency:SGD

The Singapore Mercantile Exchange (SMX) is a pan-Asian multi-product commodity and currency derivatives exchange situated in Singapore. The exchange deals with international trading in a diversified basket of commodities and derivatives including futures and options contracts on precious metals, base metals, agriculture commodities, energy, currencies and commodity indices.

In August 2010, the Singapore Mercantile Exchange was granted 'Approved Exchange' (AE) status by the Monetary Authority of Singapore to operate as a regulated and licensed exchange.[1]

Notes and References

  1. Web site: ICE Futures Singapore . https://web.archive.org/web/20111007070815/http://www.smx.com.sg/Uploads/PressReleases/2010/August/English/PR_12_AUG_10.pdf . 2011-10-07.