On the back of this, SGX takes home the award for Exchange of the Year - Asia, Australasia and MEA and Global Exchange of the Year. 

SGX’s MSCI Indonesia futures traded US$4 billion during the period while its MSCI Thailand futures volume grew 150% year-on-year.

The exchange has also grown its commodities clearing and OTC business substantially with strong growth its iron ore clearing and forward freight volumes. 

In May 2015, SGX brought 800 key industry players from 18 countries together in the landmark Singapore Iron Ore Week. SGX also launched Coking Coal derivatives and complementary iron ore derivatives during the period.

Building on its successful FX suite, SGX launched additional FX futures pairs in October 2014, providing currency risk management tools for Chinese, Japanese and ASEAN currencies. SGX announced in January 2015 a strategic partnership with leading FX platform EBS to allow its users to execute and clear SGX Asian FX futures.

As Asia’s pioneer clearing house for OTC derivatives, SGX continues to be the only exchange to offer Non-Deliverable IRS in MYR and THB, clearing US$7 billion NDFs and NDIRS during the period and also extended its OTC Derivatives clearing service to client transactions.

SGX is the only Asian clearinghouse granted both DCO recognition by the CFTC (December 2013) and EMIR recognition by ESMA (April 2015), placing it at the forefront of global regulatory standards. In January 2015, SGX received CFTC recognition as a registered FBOT. 

The company faces competition as the IntercontinentalExchange opened up its Asian exchange and CCP in Singapore this year with Eurex planning to follow in the coming years. However, its recent pace of growth and innovation will stand it in good stead to fight off the competition and continue its international expansion.