SGX Derivatives Contracts to be Tradeable via Bloomberg Terminals

Apr 23, 2001, 01:00 ET from Singapore Exchange Derivatives Trading Ltd and Bloomberg L.P.

    NEW YORK, April 23 /PRNewswire Interactive News Release/ -- Singapore
 Exchange Derivatives Trading Ltd (SGX-DT) and Bloomberg L.P. today announced
 that derivatives contracts on the SGX electronic trading system (SGX ETS) are
 accessible via Bloomberg terminals.
     With this electronic link, over 250,000 investment professionals using
 157,000 Bloomberg desktop terminals around the world will enjoy fast and easy
 access to the region's widest range of risk management and investment tools.
 The link will also provide SGX-DT members with an alternative to dedicated
 trading terminals and leased lines, ultimately resulting in better employment
 of resources, cost-savings and increased efficiency.
     Mr. Thomas Kloet, CEO of SGX said, "This partnership allows SGX to
 leverage on Bloomberg's extensive distribution network to provide our members
 and their customers easy global access to SGX-DT's contracts, thereby adding
 liquidity to our market. This initiative, together with the recent opening of
 internet access to SGX ETS, is a significant step in the exchange's efforts to
 extend the global reach of our derivatives products."
     "The connectivity with the SGX ETS is further evidence of the rapid
 globalisation of electronic futures trading," said Mr. Alex Bruce, Manager of
 Bloomberg Singapore. "Over 250,000 investment professionals worldwide who use
 the Bloomberg Professional will now get direct access, better transparency,
 faster executions and easier trade processing when trading SGX's derivatives
 contracts on the SGX ETS," he added.
     Five SGX-DT member firms have confirmed that they will provide access to
 the SGX-ETS via Bloomberg terminals. They are Cargill Investor Services
 Singapore, HSBC Futures Singapore, JP Morgan Futures, OCBC Bullion and
 Futures, and OUB Bullion and Futures.
     SGX derivatives contracts which can be traded via Bloomberg terminals
 include Euroyen Futures, Japanese Government Bond (JGB) Futures, Nikkei 225
 Futures, Nikkei 300 Futures, MSCI Taiwan Index Futures, MSCI Singapore Index
 Futures, Straits Times Index Futures and S&P CNX NIFTY Index Futures.
 
      For more information, please contact:
 
      Singapore Exchange Limited
      Raymond Chow, Corporate Communications
      Tel: 65-236 8135
 
      Bloomberg L.P.
      Eric Balchunas
      212-318-2074
      EBALCHUNAS@bloomberg.net
 
     Notes
 
     Singapore Exchange Limited (SGX)
     Singapore Exchange Ltd (SGX) is Asia Pacific's first demutualised and
 integrated securities and derivatives exchange. It was inaugurated on
 1 December 1999, following the merger of two established and well-respected
 financial institutions -- the Stock Exchange of Singapore (SES) and the
 Singapore International Monetary Exchange (SIMEX). Leveraging on the combined
 strengths of the former entities, and through its innovative approach, broad
 range of products, strong international alliances and cutting-edge technology,
 SGX aims to establish itself as a leading integrated exchange and expand its
 presence in the global financial marketplace. On 23 November 2000, SGX became
 the first exchange in Asia Pacific to be listed via a public offer and a
 private placement. SGX is listed on its own Mainboard.  For more information,
 visit us at http://www.sgx.com .
 
     Bloomberg L.P.
     Bloomberg L.P., founded in 1981, is a global, multi-media based
 distributor of information services, combining news, data and analysis for
 financial markets and businesses. Bloomberg provides real-time pricing,
 historical pricing, indicative data, analytics and electronic communications
 24 hours a day over 157,000 BLOOMBERG(TM) systems used by over 250,000
 financial professionals in over 100 countries world-wide. This partnership
 with SGX Derivatives Trading joins a string of other partnerships Bloomberg
 has formed with global exchanges in the US and Europe to create common
 electronic trading platforms via the Bloomberg desktop terminal.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X14782768
 
 

SOURCE Singapore Exchange Derivatives Trading Ltd and Bloomberg L.P.
    NEW YORK, April 23 /PRNewswire Interactive News Release/ -- Singapore
 Exchange Derivatives Trading Ltd (SGX-DT) and Bloomberg L.P. today announced
 that derivatives contracts on the SGX electronic trading system (SGX ETS) are
 accessible via Bloomberg terminals.
     With this electronic link, over 250,000 investment professionals using
 157,000 Bloomberg desktop terminals around the world will enjoy fast and easy
 access to the region's widest range of risk management and investment tools.
 The link will also provide SGX-DT members with an alternative to dedicated
 trading terminals and leased lines, ultimately resulting in better employment
 of resources, cost-savings and increased efficiency.
     Mr. Thomas Kloet, CEO of SGX said, "This partnership allows SGX to
 leverage on Bloomberg's extensive distribution network to provide our members
 and their customers easy global access to SGX-DT's contracts, thereby adding
 liquidity to our market. This initiative, together with the recent opening of
 internet access to SGX ETS, is a significant step in the exchange's efforts to
 extend the global reach of our derivatives products."
     "The connectivity with the SGX ETS is further evidence of the rapid
 globalisation of electronic futures trading," said Mr. Alex Bruce, Manager of
 Bloomberg Singapore. "Over 250,000 investment professionals worldwide who use
 the Bloomberg Professional will now get direct access, better transparency,
 faster executions and easier trade processing when trading SGX's derivatives
 contracts on the SGX ETS," he added.
     Five SGX-DT member firms have confirmed that they will provide access to
 the SGX-ETS via Bloomberg terminals. They are Cargill Investor Services
 Singapore, HSBC Futures Singapore, JP Morgan Futures, OCBC Bullion and
 Futures, and OUB Bullion and Futures.
     SGX derivatives contracts which can be traded via Bloomberg terminals
 include Euroyen Futures, Japanese Government Bond (JGB) Futures, Nikkei 225
 Futures, Nikkei 300 Futures, MSCI Taiwan Index Futures, MSCI Singapore Index
 Futures, Straits Times Index Futures and S&P CNX NIFTY Index Futures.
 
      For more information, please contact:
 
      Singapore Exchange Limited
      Raymond Chow, Corporate Communications
      Tel: 65-236 8135
 
      Bloomberg L.P.
      Eric Balchunas
      212-318-2074
      EBALCHUNAS@bloomberg.net
 
     Notes
 
     Singapore Exchange Limited (SGX)
     Singapore Exchange Ltd (SGX) is Asia Pacific's first demutualised and
 integrated securities and derivatives exchange. It was inaugurated on
 1 December 1999, following the merger of two established and well-respected
 financial institutions -- the Stock Exchange of Singapore (SES) and the
 Singapore International Monetary Exchange (SIMEX). Leveraging on the combined
 strengths of the former entities, and through its innovative approach, broad
 range of products, strong international alliances and cutting-edge technology,
 SGX aims to establish itself as a leading integrated exchange and expand its
 presence in the global financial marketplace. On 23 November 2000, SGX became
 the first exchange in Asia Pacific to be listed via a public offer and a
 private placement. SGX is listed on its own Mainboard.  For more information,
 visit us at http://www.sgx.com .
 
     Bloomberg L.P.
     Bloomberg L.P., founded in 1981, is a global, multi-media based
 distributor of information services, combining news, data and analysis for
 financial markets and businesses. Bloomberg provides real-time pricing,
 historical pricing, indicative data, analytics and electronic communications
 24 hours a day over 157,000 BLOOMBERG(TM) systems used by over 250,000
 financial professionals in over 100 countries world-wide. This partnership
 with SGX Derivatives Trading joins a string of other partnerships Bloomberg
 has formed with global exchanges in the US and Europe to create common
 electronic trading platforms via the Bloomberg desktop terminal.
 
                     MAKE YOUR OPINION COUNT -  Click Here
                http://tbutton.prnewswire.com/prn/11690X14782768
 
 SOURCE  Singapore Exchange Derivatives Trading Ltd and Bloomberg L.P.