Shanxi Securities International Futures Becomes SGX’s Trading Member

Singapore Exchange (SGX) announced that it has added Shanxi Securities International Futures Limited (SSIFL), a wholly-owned subsidiary of Shanxi Securities, as a trading member of its derivative market.

According to the official announcement, 64 trading members along with 26 clearing members have joined the derivatives market of SGX. In June 2021, Singapore Exchange welcomed Synergy Futures Limited​, the Hong Kong-based financial services provider, as a trading member.

Based in Hong Kong, SSIFL primarily deals in global futures and options for Chinese and international clients. Its parent company provides securities brokerage, asset management, futures trading, investment management, and financial products underwriting services.

“We are pleased to welcome SSIFL to our growing and robust ecosystem, as we expand our global membership base,”Pol de Win, Senior Managing Director, Head of Global Sales and Origination at SGX said.”Their strong client engagement and active participation in our market will certainly add to the rising activity in SGX's derivatives market.”

“Becoming a member of SGX marks a milestone in our pathway to internationalisation, and we will continue to improve our client experience by expanding our market network and enhancing our ties with leading international exchanges,”Qiao Jun Feng, Chairman of Shanxi Securities International Financial Holdings added.