The Story of the Singapore stock market and brokerage business The Singapore Exchange (SGX) was formerly known as the Stock Exchange of Singapore (SES). The SES was a stock-exchange company formed in Singapore in 1973 after Malaysia ended currency interchangeability between Malaysia and Singapore. The Stock Exchanges of Malaysia and Singapore (SEMS) was then separated into the SES and Kuala Lumpur Stock Exchange Bhd (KLSEB). Remember this? Veteran brokers might recall the old trading room with fondness. Phillip Securities, a stock brokerage firm that started in 1975. Source: PhillipCapital Fast forward to the late 80s and 90s, when the stock market boomed! SINGAPORE, 1997. The Singapore International Monetary Exchange (Simex) was the first financial futures exchange in Asia set up in 1984 to deal in financial products and commodities. Source: Hiroji Kubota/Magnum Photos In 1999, the SES was merged with Simex and the Securities Clearing and Computer...