Singapore Exchange to Expand Clearing, Settlement Platform

Lock
This article is for subscribers only.

Singapore Exchange Ltd. will invest in a new clearing and settlement platform that will allow it to expand the range of securities it can handle beyond domestic equities, Chief Executive Officer Magnus Bocker said.

“We need to bring in new technology so we can add more products and services,” Bocker said in an interview in the city today. “The current platform we have is focused largely on Singapore equities.”