Intercontinental Exchange, a leading global provider of technology and data, announced that Nanhua Singapore Pte. Ltd. (Nanhua Singapore) has become a member of ICE Futures Singapore and ICE Clear Singapore. With these appointments, Nanhua Singapore can trade and clear its own business and clients’ business.
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“We are pleased to join ICE in Singapore, as becoming a member allows Nanhua Singapore to strengthen our trading and global clearing capabilities, providing our clients with expanded opportunities in international markets,” said Zheng Peiyuan, Chief Executive Officer, Nanhua Singapore. “This membership underscores our commitment to delivering reliable and efficient services that meet the evolving needs of our clients, and we look forward to deepening our collaboration with ICE as we continue to support our clients’ growth globally.”
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“We are delighted to welcome Nanhua to ICE in Singapore,” said Maria Levanti, President & COO, ICE Futures Singapore and ICE Clear Singapore. “We continue to work closely with the regional market to connect local and international participants in Asia with access to global markets and risk management tools.”
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ICE has had a presence in Singapore for over two decades. ICE Futures Singapore’s portfolio of energy, FX, equity derivatives and digital asset contracts offer a range of hedging tools including in mini and micro size that enable customers to manage risk.
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Source : businesswire