SINGAPORE (June 23): Hg Exchange (HGX), a private securities exchange formed by an alliance of leading capital market intermediaries, has graduated from the Monetary Authority of Singapore (MAS) Fintech Regulatory Sandbox.
This means that the exchange has complied with the regulatory requirements put out by MAS and has ensured that its structure and operations comply with local and international standards.
The private exchange has also been awarded the Recognised Market Operator (RMO) license awarded by the MAS, which allows...(click on link for full story on theedgesingapore.com)