The Singapore Exchange (SGX) is the result of the recent merger of the Stock Exchange of Singapore and the Singapore International Monetary Exchange. The SGX, inaugurated on December 1, 1999, is the first demutualized, integrated securities and derivatives exchange in Asia-Pacific. For foreign investors, it is a window to the rapidly growing economies in the region.
From January 2000, the smallest trade that international members can accept from local clients will be slashed to S$500,000 (US$300,000) from S$5 million. The minimum will be eliminated in January 2001, according to officials. more