The Singapore Commodity Exchange (SICOM) is a key exchange for the trading of two of the world’s most important commodities — coffee and rubber. The Exchange offers market participants, the trading of rubber futures contracts on its electronic platform, e-SICOM, a fully integrated clearing and settlement system.

Singapore Commodity Exchange (SICOM) operates as a centralised and regulated Commodity Exchange for trading of commodity futures in Singapore. The exchange offers rubber futures traders an electronic platform, e-SICOM, a fully integrated clearing and settlement system. It also conducts market research into new futures contracts, educates the commodity trading community and the general public on the economic benefits of futures trading, and carries out audits and market surveillance activities to ensure members’ compliance with Exchange Rules. SICOM was founded in 1992 and is based in Singapore.

At the beginning of 2008, Singapore Exchange Limited (SGX) reached an agreement to buy at least 95% of Singapore Commodity Exchange. On June 30, 2008, SGX completed the acquisition of Singapore Commodity Exchange, which now is a 100% subsidiary. Singapore Exchange Limited (SGX) is an investment holding company that provides different services related to securities and derivatives trading and others. SGX is a member of the World Federation of Exchanges and the Asian and Oceanian Stock Exchanges Federation.

The story of SGX

SGX was formed on December 1, 1999, as a holding company. The share capitals of some former exchange companies, namely Stock Exchange of Singapore (SES), Singapore International Monetary Exchange (Simex) and Securities Clearing and Computer Services Pte Ltd (SCCS) were cancelled and new shares issued in these companies were fully paid up by SGX. In this way, all assets previously owned by these three companies were transferred to SGX. The shareholders previously holding shares in SES, Simex and SCCS received newly issued SGX shares.

On November 23, 2000, SGX became the second exchange in Asia-Pacific to be listed via a public offer and a private placement. Listed on its own bourse, the SGX stock is a component of benchmark indices such as the MSCI Singapore Free Index and the Straits Times Index.

Legacy of trust

Singapore Exchange is Asia’s leading and trusted market infrastructure, facilitating the exchange of capital and ideas to create value for people, businesses and economies. As a multi-asset exchange operating equity, fixed income and derivatives markets to the highest regulatory standards, SGX is a vertically integrated business that provides listing, trading, clearing, settlement, depository and data services. Being Asia’s pioneering central counterparty, SGX is globally recognised for its risk management and clearing capabilities, and was one of the first globally to adopt the Principles for Financial Market Infrastructure.

With about 40% of listed companies and over 80% of listed bonds originating outside of Singapore as well as established linkages across the region and in Europe, SGX is Asia’s most internationally connected exchange. Offering a full suite of derivatives products across Asian equity indices, commodities and currencies, SGX is the world’s most liquid international market for the benchmark equity indices of China, India, Japan and the ASEAN.SGX has over 800 employees including offices in Beijing, Chicago, Hong Kong, London, New York, Mumbai, San Francisco, Shanghai and Tokyo.

Subsidiaries of SGX

The Baltic Exchange, a wholly-owned subsidiary of SGX, is the world’s only independent source of maritime market information for the trading and settlement of physical and derivative contracts. Its international community of over 650 members encompasses the majority of world shipping interests and commits to a code of business conduct overseen by the Baltic.

Energy Market Company Pte Ltd (EMC), a wholly-owned subsidiary of SGX, operates Singapore’s wholesale electricity market – Asia’s first liberalised electricity market. EMC completes the connection between those who make electricity in Singapore, and those who use it. All of Singapore’s electricity is bought and sold through EMC. EMC is like the stock exchange for electricity, providing the IT systems, the trading environment and the governance for the market.

SICOM-SGX: Asia’s rubber trading powerhouse

The Singapore Commodity Exchange (SICOM) is a key exchange for the trading of two of the world’s most important commodities — coffee and rubber. The Exchange offers market participants, the trading of rubber futures contracts on its electronic platform, e-SICOM, a fully integrated clearing and settlement system.

Singapore Commodity Exchange (SICOM) operates as a centralised and regulated Commodity Exchange for trading of commodity futures in Singapore. The exchange offers rubber futures traders an electronic platform, e-SICOM, a fully integrated clearing and settlement system. It also conducts market research into new futures contracts, educates the commodity trading community and the general public on the economic benefits of futures trading, and carries out audits and market surveillance activities to ensure members’ compliance with Exchange Rules. SICOM was founded in 1992 and is based in Singapore.

At the beginning of 2008, Singapore Exchange Limited (SGX) reached an agreement to buy at least 95% of Singapore Commodity Exchange. On June 30, 2008, SGX completed the acquisition of Singapore Commodity Exchange, which now is a 100% subsidiary. Singapore Exchange Limited (SGX) is an investment holding company that provides different services related to securities and derivatives trading and others. SGX is a member of the World Federation of Exchanges and the Asian and Oceanian Stock Exchanges Federation.

The story of SGX

SGX was formed on December 1, 1999, as a holding company. The share capitals of some former exchange companies, namely Stock Exchange of Singapore (SES), Singapore International Monetary Exchange (Simex) and Securities Clearing and Computer Services Pte Ltd (SCCS) were cancelled and new shares issued in these companies were fully paid up by SGX. In this way, all assets previously owned by these three companies were transferred to SGX. The shareholders previously holding shares in SES, Simex and SCCS received newly issued SGX shares.

On November 23, 2000, SGX became the second exchange in Asia-Pacific to be listed via a public offer and a private placement. Listed on its own bourse, the SGX stock is a component of benchmark indices such as the MSCI Singapore Free Index and the Straits Times Index.

Legacy of trust

Singapore Exchange is Asia’s leading and trusted market infrastructure, facilitating the exchange of capital and ideas to create value for people, businesses and economies. As a multi-asset exchange operating equity, fixed income and derivatives markets to the highest regulatory standards, SGX is a vertically integrated business that provides listing, trading, clearing, settlement, depository and data services. Being Asia’s pioneering central counterparty, SGX is globally recognised for its risk management and clearing capabilities, and was one of the first globally to adopt the Principles for Financial Market Infrastructure.

With about 40% of listed companies and over 80% of listed bonds originating outside of Singapore as well as established linkages across the region and in Europe, SGX is Asia’s most internationally connected exchange. Offering a full suite of derivatives products across Asian equity indices, commodities and currencies, SGX is the world’s most liquid international market for the benchmark equity indices of China, India, Japan and the ASEAN.SGX has over 800 employees including offices in Beijing, Chicago, Hong Kong, London, New York, Mumbai, San Francisco, Shanghai and Tokyo.

Subsidiaries of SGX

The Baltic Exchange, a wholly-owned subsidiary of SGX, is the world’s only independent source of maritime market information for the trading and settlement of physical and derivative contracts. Its international community of over 650 members encompasses the majority of world shipping interests and commits to a code of business conduct overseen by the Baltic.

Energy Market Company Pte Ltd (EMC), a wholly-owned subsidiary of SGX, operates Singapore’s wholesale electricity market – Asia’s first liberalised electricity market. EMC completes the connection between those who make electricity in Singapore, and those who use it. All of Singapore’s electricity is bought and sold through EMC. EMC is like the stock exchange for electricity, providing the IT systems, the trading environment and the governance for the market.