SINGAPORE: Singapore Exchange (SGX) has welcomed Aarna Capita Ltd. as a Trading Member of its derivatives market, the first from the Middle East.
Aarna Capital, a futures commission merchant operating from Abu Dhabi Global Market, offers full brokerage services with a focus on emerging markets. It provides execution and clearing for futures and options, equities, cash bonds, as well as foreign exchange products.
Michael Syn, Head of Derivatives, SGX, said, “We are pleased to welcome Aarna Capital to our growing derivatives market and extend our community of members to the Middle East. We look forward to working closely with them to deliver best-in-class investment and risk-management services to their network of customers.”
Dmitry Nedvetsky, Director of Aarna Capital Ltd., “We are proud to be the first broker from the Middle East, and the United Arab Emirates in particular, at SGX. Joining one of the world’s leading exchanges as a derivatives member marks Aarna’s next phase of growth and bolsters our mission to provide the highest level of service to our clients.”
With the admission of Aarna Capital, SGX’s derivatives market now has 64 Trading Members and 24 Clearing Members.[the_ad id=”31605″]