SGX is a comprehensive platform offering services in equities, fixed income, derivatives, commodities, and foreign currency exchange. It was established in 1999 through the amalgamation of three distinct entities—the Stock Exchange of Singapore, the Singapore International Monetary Exchange, and the Securities Clearing and Computer Services Pte. In 2000, SGX made its shares available to public investors, and in 2008, it finalized the acquisition of the Singapore Commodity Exchange. What bold move SGX is going to make? SGX, the Singapore Exchange, is strategizing an assertive expansion within foreign exchange markets over the next five years, aiming to leverage efforts by local regulators to reinforce the nation’s position as Asia’s primary currency trading hub. The exchange, renowned for its dominance in Singaporean stocks and equity derivatives across the region, embarked on its foreign exchange venture in March by acquiring an initial 20 percent stake in BidFX, an online trading platform utilized by hedge funds and banks, for $25...