Singapore Exchange
The Singapore Exchange Limited (SGX) is a diversified holding corporation based in Singapore. It offers a wide variety of services for listing, trading, clearing, and custodial storage of securities, derivatives, and other products. Besides its affiliation with the World Federation of Exchanges, SGX is also a part of the Asian and Oceanian Stock Exchanges Federation.
SGX was established as a holding company on December 1, 1999. The Stock Exchange of Singapore (SES), the Singapore International Monetary Exchange (SIMEX) (founded in 1984), and Securities Clearing and Computer Services Pte Ltd (SCCS) all had their share capital cancelled, and SGX paid in full for any new shares issued by these companies. As a result, SGX now owns everything that belonged to those three companies. Shareholders of SES, SIMEX, and SCCS were each issued a fresh set of SGX shares.
The market capitalization of the Singapore Exchange is $7.67 billion as of April 2023. Based on its current market capitalization, Singapore Exchange is now the 1787th most valuable company in the world. The latest financial filings from the Singapore Exchange show that the company's current revenue (TTM) is $0.75 billion. The company's revenue of $0.70 billion in 2019 represents an increase from the $0.64 billion earned in 2018.
Founded: 1 December 1999
Headquarters: SGX Centre, Singapore
Website: sgx.com