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Singapore Exchange gets 'buy' from DBS, RHB and CIMB on strength of derivatives

Samantha Chiew
Samantha Chiew1/22/2018 10:16 AM GMT+08  • 3 min read
Singapore Exchange gets 'buy' from DBS, RHB and CIMB on strength of derivatives
SINGAPORE (Jan 22): SGX on Friday announced that its 2Q18 earnings remained flat at $88.4 million compared to $88.3 million in 2Q17.
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SINGAPORE (Jan 22): SGX on Friday announced that its 2Q18 earnings remained flat at $88.4 million compared to $88.3 million in 2Q17.

The group’s revenue for the quarter ended December saw a 3% increase to $205 million from $199.6 million a year ago.

SGX’s revenue from its derivatives segment rose 11% to $83.3 million from $75.0 million last year, while revenue from its market data and connectivity segment also increased 4% to $24.2 million compared to $23.3 million in the previous year.

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