- As Hong Kong’s stock exchange prepares for a new chief, Loh didn’t put a specific timeline on succession at SGX, saying that’s “a board matter.” He added, “I hope together with my team, we are delivering value to our shareholders and the overall capital markets ecosystem.”
- Sustainability is the biggest change for markets besides Covid-19, Loh said, adding that for anything that’s sustainability or ESG the exchange will “double the pace” to achieve its objectives, which include listing more green bonds
- SGX is working toward rolling out infrastructure for carbon credits trading, in line with Singapore’s goal to be a carbon credits market in Asia, and is on the lookout for partnerships.
- Partners would include “players who want to look at offset, participants who can create the offset, the technology around that that could verify some of this, market structure, academia,” Loh said.
- Despite MSCI Inc.’s decision in May to move index licensing for most derivatives products to Hong Kong, SGX customers migrated over 90% of their trading volumes to derivatives products that it launched together with FTSE Russell, Loh said.