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No membership is needed to trade with other counterparties and use the SGX AsiaClear® Facility to clear your trades. All is takes is set-up just one clearing account with any SGX OTC Clearing Member to trade, clear and net your positions with SGX AsiaClear®.
A pictorial depiction of the steps to open a clearing account and the list of SGX OTC Clearing Members follows.
Establishing An SGX Clearing Account
List of SGX OTC Clearing Members
As at 21 August 2009
1. |
Barclays Bank PLC |
2. |
Credit Suisse Securities (Singapore) Pte Limited |
3. |
DBS Vickers Securities (Singapore) Pte Ltd |
4. |
Deutsche Futures Singapore Pte Ltd |
5. |
Fortis Clearing Singapore Pte Ltd |
6. |
Goldman Sachs Futures Pte Ltd |
7. |
HSBC Futures (Singapore) Pte Ltd |
8. |
JP Morgan Securities Singapore Pte Ltd |
9. |
Merrill Lynch (Singapore) Pte Ltd |
10. |
Mizuho Futures (Singapore) Pte Ltd |
11. |
MF Global Singapore Pte Ltd |
12. |
Morgan Stanley (Asia) Securities Pte Ltd |
13. |
Newedge Financial Singapore Pte Ltd |
14. |
Nomura Securities Singapore Pte Ltd |
15. |
Ong First Tradition Pte Ltd |
16. |
Phillip Futures Pte Ltd |
17. |
The Royal Bank of Scotland |
18. |
UBS Futures Singapore Limited |
19. |
UOB Bullion & Futures Limited |
If you already have an account with an overseas futures comission merchant (FCM), please inform your FCM directly. Your FCM will, through its corresponding clearing relationship with an SGX OTC Clearing Member, link your account to SGX AsiaClear. Please contact SGX AsiaClear if you need any assistance.
Interested market participants are encouraged to contact SGX AsiaClear® at asiaclear@sgx.com for more information, clarification or assistance in linking up with SGX OTC Clearing Members. Please provide your company name and your phone number to enable us to call you back to clarify or discuss where necessary.
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