Singapore adds RMB FX futures, BOC to be first market maker

The Singapore Exchange (SGX) said on September 19 that it was introducing FX futures contracts for Chinese onshore and offshore renminbi, Japanese Yen and Thai Baht, starting from October 20. The exchange also said Bank of China (BOC) would be the first market maker for its RMB futures and SGX’s first Chinese settlement bank for its derivatives market.