Groundbreaking Disclosure: SGX Unveils Trader Positions for Iron Ore, Rubber, and Freight Starting Oct 2 – Revolutionizing Market Transparency!
Singapore Exchange to Enhance Market Transparency with Weekly Trader Position Disclosures
Last Updated: Sep 27, 2024 | 4:38 PM IST
The Singapore Exchange Group (SGX) announced plans to begin weekly disclosures of trader positions for iron ore, rubber, and freight derivatives contracts starting October 2. This move aims to enhance market transparency as reported by Reuters in March, in response to increased participation from traders outside Asia.
Compared to China’s Dalian Commodity Exchange and Shanghai Futures Exchange, which publish such reports daily, SGX will follow the weekly disclosure frequency practiced by the London Metals Exchange and the Chicago Mercantile Exchange.
The "Aggregate Exposure Report" (AER) will offer a detailed breakdown of aggregated open interest and position holders, categorized by participant type, for commodity derivatives contracts that meet regulatory publication thresholds. These reports will be available every Wednesday in both futures-only and futures-and-options-combined formats.
SGX has classified the disclosures into four participant categories: financial institutions, managed money, physicals, and others.
By providing these regular insights, SGX aims to foster greater transparency and trust in the market, aligning with global practices to cater to a diverse trading community.
Original Story https://www.business-standard.com/markets/news/sgx-to-disclose-trader-positions-for-iron-ore-rubber-freight-from-oct-2-124092700802_1.html
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