Hg Exchange (HGX), a private securities exchange formed by an alliance of leading capital market intermediaries, has graduated from the Monetary Authority of Singapore (MAS) Fintech Regulatory Sandbox.

This means that the exchange has complied with the regulatory requirements put out by MAS and has ensured that its structure and operations comply with local and international standards.

The private exchange has also been awarded the Recognised Market Operator (RMO) license awarded by the MAS, which allows HGX to operate fully as Asia’s first member-driven private exchange to support the issuance and trading of both digital and non-digital capital market products.

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