Author:
Source: Sell-Side Technology | 18 Apr 2012
Categories: Clearing & Settlement
Topics: Singapore ExchangeOTCTech
Brokers have enhanced access to OTC commodities clearing on Singapore Exchange.
SGX AsiaClear, the over-the-counter (OTC) commodities clearing division of Singapore Exchange (SGX), has enhanced access to its clearing process with the linking of OTC broking systems to its OTC trade registration system. The link flows trades matched in an interdealer broker's OTC broking system straight to SGX's trade registration system.
Third-party providers of OTC broking systems that have established straight-through connectivity to SGX include Mercari, Tradex and Trayport. Other system providers in the process of establishing connectivity in the coming weeks include Baltex and Cleartrade.
"This straight-through clearing link will further widen SGX's distribution network and offer traders and brokers more choices in the way they connect to our clearing service," says Julie Heng, head of commodities at SGX.
More from Sell Side Technology
Related Articles
Latest Media
Events
Updating your subscription status 
Gain access for your entire organisation
Entries to the Sell-Side Technology Awards 2015 now open
Entries to the 3rd annual Sell-Side Technology Awards are now open. The awards are open to all third-party vendors serving the sell side. Full entry criteria, the list of 2013 and 2014 winners, and descriptions of the 28 categories on offer for this year's program can be found on the SST Awards website.
Events
Training
Email Alerts
Latest Whitepapers
The catalyst for change in client reporting is a more empowered, digitally aware consumer. Excellence of service delivery will be key to investment managers...
Without a consistent source of data and limited functionalities in existing systems, firms are unable to perform tasks that are becoming increasingly important...
Visitor comments Add your comment