SGX Bucks Revenue Trend

EXCHANGE WATCH

The Singapore Stock Exchange’s (SGX) income from market information services increased significantly in its financial year (ending on June 30, 2003) compared with the same period twelve months earlier. The 11 percent increase in profit to S$12.8 million ($7.4 million) is in contrast to recent financial results from other exchanges in the region.

An SGX spokesperson tells Inside Market Data that the increase can largely be attributed to demand for a new multi-level market data feed system that

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