Singapore Exchange has welcomed Interactive Brokers Singapore as a trading and clearing member of its derivatives market, bringing the total number of trading members to 68 and clearing members to 34.
Interactive Brokers Singapore is an affiliate of Interactive Brokers Group, which provides automated trade execution and custody of securities and commodities across more than 170 markets in numerous countries and currencies through a single unified platform.
Why it matters
The admission raises SGX's derivatives trading membership to 68 and clearing membership to 34, reflecting continued growth in the exchange's participant base.
Interactive Brokers Group operates across more than 170 markets worldwide, meaning its Singapore affiliate's membership extends SGX's international connectivity.
The move signals sustained foreign-firm interest in Singapore's derivatives ecosystem, as noted by SGX's Head of Global Sales and Origination.
Yujun Lin, Chief Executive of Interactive Brokers Singapore, said the membership underscored the firm's commitment to Singapore and the broader Asia-Pacific region.
Lin added: "We remain focused on connecting investors worldwide to global markets. SGX Group is a multi-asset exchange with established franchises in securities and derivatives with global appeal. We are pleased to strengthen our presence in Singapore to better serve local, regional and international investors."
Pol de Win, Head of Global Sales and Origination at SGX Group, said the admission of Interactive Brokers Singapore reflected sustained international interest in the exchange's derivatives ecosystem and the strong alignment between SGX's global marketplace and Interactive Brokers' worldwide reach.
He added that the membership enhances client access to SGX's derivatives suite and deepens cross-border participation.
Fast facts
Exchange: Singapore Exchange (SGX Group)
New member: Interactive Brokers Singapore
Membership type: Trading and clearing member, derivatives market
Total trading members (post-admission): 68
Total clearing members (post-admission): 34
Parent group: Interactive Brokers Group