SGX to launch FX block futures on EBS market

November 19, 2015 2:50 AM

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SINGAPORE Nov 19 The Singapore stock exchange and EBS BrokerTec, ICAP plc's electronic foreign exchange and fixed income business, agreed to launch Singapore Exchange Ltd (SGX) FX block futures on the EBS Market platform, the SGX said on Thursday.

The listed FX block futures will be available on EBS Market in early second quarter 2016 pending regulatory approval, SGX said. Block trades are privately negotiated futures, options or combination transactions executed confidentially off the public market.

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