Singapore Exchange Shares Jump 50% as Derivatives Trading Surges
Key Points
- Singapore Exchange (SGX) stock up 50% as traders flock to FX...
While most of us were debating whether to put pineapple on pizza, Singapore Exchange (SGX) quietly became the derivatives market's favorite child, with its stock price jumping 50% over the past year. Turns out, when the world gets messy, traders want insurance policies – and SGX happens to be the guy selling them.
The exchange has been riding the wave of nervous energy that comes with global market uncertainties. When the U.S. decided to slap on new tariffs earlier this year, traders didn't just shrug and move on. Instead, they flocked to foreign exchange futures like tourists to a duty-free ...
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