Singapore Exchange has established a London office to better serve its growing number of European-based customers.
The London expansion follows Singapore Exchange’s 3 June commitment to invest USD250m in its Reach initiative.
Reach will create the world’s fastest trading engine, establish a data centre and seamlessly connect trading communities in Chicago, New York, Tokyo and London to Singapore. These four hubs will lower cross-border connectivity costs.
“SGX’s presence in London marks a strong commitment to our customers in meeting and responding to their needs. Building connectivity and enhancing market accessibility will strengthen our position as the market of choice for investors wanting to participate in Asia’s rapidly-growing economies, and for issuers seeking to access global capital markets,” says Magnus Bocker, chief executive officer of Singapore Exchange.
The Singapore Exchange London office is headed by chief representative David Battle. Battle joined Singapore Exchange in July 2009 and has over 22 years of experience in the financial sector.