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Futures Trading In Singapore


Futures trading in Singapore is a growth industry that is enjoying wide support from individuals, trading firms, educational institutions and the local exchange. With its unique time zone, Singapore futures traders are positioned to take advantage of market hours and access to the local exchange, Japan, Hong Kong, Europe and the morning session of the US markets. With the growth being experienced in China and the close relationship of the two countries, it is anticipated that futures trading in Singapore will continue to grow as China slowly opens its markets to foreign access.

The Singapore Stock exchange encourages foreign residents who are looking to become locals in the Singapore markets. A local is an entrepreneur who operates as a business. There are no high overheads and the member brokers provide cost effective and robust
infrastructure for trading. Provided you meet the capital and educational requirements, the exchange will support applications for employment and residency. With a low personal income tax ceiling of 22%, efficient transport, and affordable accommodation, Singapore is a great destination to live and trade from.

Popular Products that are traded in Singapore include the following:

Equity Futures & Options

Single Stock Futures (Singapore Stocks)
MSCI Hong Kong+ Index Futures
MSCI Taiwan Index Futures
MSCI Singapore Index Futures
Nikkei 225 Index Futures & Options
MSCI Japan Index Futures
S&P CNX Nifty (India) Index Futures
Straits Times Index Futures

Interest Rate Futures & Options

5-Year Singapore Government Bond Futures
Euroyen (LIBOR) Futures & Options
10-Year Japanese Government Bond Futures
Mini 10-Year Japanese Government Bond Futures & Options
Eurodollar Futures & Options
Euroyen (TIBOR) Futures & Options
3-Month Singapore Interest Rate Futures

Singapore Management University, in July 2006, instituted a progressive trading initiative by including a trading component as part of its Bachelor of Business Management Program (finance major). 9 companies have pledged $810,000 to get the program up and running. Among the participants are: BP, the government of Dubai and the Lee Foundation. The course comprises a two week business study mission to London and Tokyo to study the financial markets. This is a positive development for futures trading in Singapore.

Futures trading in Singapore is undertaken by a number of participants who represent banks, hedge funds, arcades, proprietary firms and individual sole traders. The diverse range of trading includes discretionary, arbitrage, system and algorithm based trading. With wide exchange support, Singapore futures trading is likely to continue to grow indefinitely in the years to come.




Next Article: Global Futures Trading



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