CSDs: CDP (Singapore), Global (Global) SMI Markets: Singapore, GlobalHeads of Terms Agreement • August 28th, 2009
Contract Type FiledAugust 28th, 2009On 12 August 2009, Chi-X Global Inc. and Singapore Exchange Limited (SGX) signed a Heads of Terms Agreement to develop and launch the first exchange-backed dark pool in the Asia Pacific region. The non-displayed trading platform aims to initially offer block crossing facilities for equities listed on SGX, and on an offshore basis for the Australia, Hong Kong and Japan exchanges.