Singapore Mercantile Exchange Chief Executive Thomas McMahon said today that the new bourse has identified 34 contracts that it plans to launch over an 18-24-month period.

The exchange will be broadly based across energy, agriculture, metals — including precious metals — and will trade options and over-the-counter instruments, McMahon told reporters.

Apart from the four contracts SMX will launch on its first day of trading of Aug 31 — gold , West Texas Intermediate crude oil, Brent crude oil and EUR/USD futures, others will be rolled out “in very short order”, he said.

In the area of energy, seven additional products will be launched, he added.