Friday, April 01, 2011

SEB Joins SGX Derivatives Market as First Nordic Member

Singapore Exchange (SGX) Thursday welcomed SEB

(Skandinaviska Enskilda Banken AB) to its derivatives market as a

Clearing and Trading member.

“We are pleased that SEB has joined our derivatives market as our

first Nordic member,” Gan Seow Ann, President of SGX, said. “This is

the first Asian exchange membership for SEB.”

Commenting on the new membership, Fredrik Barnekow, Head of

SEB Enskilda Equities, said: “This is an important step for SEB as we

seek to offer our customers increased direct access to the major

global derivative exchanges. Asia is becoming more important to both

our core corporate and institutional clients. This membership clearly

demonstrates our ambitions to provide services in support of our

clients when they expand abroad, while at the same time enhancing

our existing offering.”

SEB’s admission brings the number of Clearing Members for SGX’s

derivatives market to 36 and the number of Trading Members to 32.

The securities market has 30 Trading Members and 29 Clearing


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