MONEY MASTER

The  Singapore Exchange  is exploring the launch of  government bond futures  linked to key Asian markets, in a move that could significantly deepen regional fixed-income trading and risk management. What’s Being Proposed According to sources, SGX has held discussions with treasury officials from global banks on introducing  bond futures tied to Asian sovereign markets , including: India Indonesia Malaysia Philippines Thailand These futures would allow investors to  hedge interest-rate risk  more efficiently by trading standardized contracts rather than underlying bonds. Key Product Features (Proposed) Tenors:  3-year, 5-year and 10-year maturities Settlement:  US dollar–denominated Pricing:  Based on the  average yield of a basket of up to three sovereign bonds  per country Launch timeline:   1H 2026 , potentially as early as  1Q 2026 Details remain preliminary and subject to change. Why This Matters Rising Global In...

  Key Takeaways S$1.65B in buybacks  executed YTD through Sep 11, up ~80% from 2024. STI banks (UOB, DBS, OCBC)  account for  S$1.28B , or ~77% of total buybacks. Volatility in April  drove S$425M in repurchases. New buybacks from  AEM, Kingsmen Creatives, Jason Marine  mark return after years. SINGAPORE, Sept 17 (SGX)  — Share buybacks by Singapore-listed firms surged in 2025, with  76 primary-listed companies repurchasing S$1.65 billion worth of shares  on the open market as of September 11. The figure represents a sharp rise from  S$916 million in the same period last year , underscoring heightened capital management activity amid market volatility. Banks Lead the Charge The surge was largely driven by Singapore’s three largest banks: UOB (U11) : S$561M @ S$35.39 avg price DBS (D05) : S$371M @ S$42.77 avg price OCBC (O39) : S$349M @ S$16.67 avg price Together, they accounted for  S$1.28B in buybacks , nearly triple their 202...

  Singapore Exchange Ltd (SGX) is planning to expand its presence in Dubai , drawn by the growing number of hedge funds that have set up operations in the United Arab Emirates . The move comes as SGX clients increasingly relocate to the emirate, bolstering the case for the exchange to establish a new office, said Lee Beng Hong , head of wholesale markets and platforms at SGX, in an interview. “Given the success we’ve had in the Middle East , it’s the right time for us to grow our presence there,” Lee said, noting that the exchange is "actively looking" at opening in Dubai. Dubai has recently attracted a wave of fund managers , including Millennium Management , BlueCrest , and Balyasny Asset Management , drawn by the region’s government incentives , favorable timezone , and low tax regime . SGX’s initial plan involves relocating an employee from Qatar to Dubai, with further expansion to follow. The exact number of hires is yet to be disclosed, but Lee emphasized that SGX ai...