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Futures Trading In Singapore
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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.
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Futures Trading
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