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  • Public Info posted an update 1 year, 3 months ago

    Yuanta Global (Singapore) Private Limited, a wholly-owned subsidiary of Yuanta Futures Corporation Limited, has become the 33rd derivatives clearing member of the Singapore Exchange (SGX). Yuanta Futures Corporation Limited operates under Yuanta Financial Holding, a Taiwan-headquartered financial group offering banking, insurance, venture capital, and asset management services.
    As a derivatives clearing member, Yuanta Global (Singapore) Private Limited plays a crucial role in the SGX derivatives market by:
    * Clearing trades: It is responsible for the settlement and clearing of its own derivatives trades as well as those of trading members who clear through them. This involves ensuring the financial obligations of all parties in a trade are met.
    * Risk management: Clearing members are integral to the exchange’s risk management framework. They contribute to the stability of the market by managing and collateralizing positions, including calculating and collecting margins from their clients.
    * Facilitating market access: By providing clearing services, Yuanta Global (Singapore) helps facilitate access to the SGX derivatives market for institutional investors, particularly in Asia.
    * Ensuring efficient operations: The company is committed to delivering efficient, low-latency trade execution, clearing, and risk management solutions.
    This move by Yuanta Global (Singapore) Private Limited is part of Yuanta Financial Holding’s broader strategy to expand its international presence and establish a large-scale trading and clearing platform in Asia.

    Video courtesy of Interactive Brokers

    Video courtesy of Interactive Brokers