Singapore Exchange Ltd (SGX) and the Monetary Authority of Singapore (MAS) have jointly established a S$7.5 million pool of funds for developing the securities and derivatives industry in Singapore. (US$1=S$1.75). Half of the funding will come from the Financial Sector Development Fund (FSDF), administered by MAS, while the other half will be contributed by SGX,…

Singapore Exchange Ltd (SGX) and the Monetary Authority of Singapore (MAS) have jointly established a S$7.5 million pool of funds for developing the securities and derivatives industry in Singapore. (US$1=S$1.75). Half of the funding will come from the Financial Sector Development Fund (FSDF), administered by MAS, while the other half will be contributed by SGX,…