SINGAPORE (July 31): Despite its declining equities and fixed income business, the Singapore Exchange’s booming derivatives business has helped the bourse operator to post a stellar set of results for the full-year ended June.
SGX’s earnings were up 8% y-o-y at S$391 million — the highest in 11 years.
This translated to a bigger earnings per share of 36.5 cents, compared to 33.9 cents a year ago.
The company’s revenue was also the highest since listing, up 8% y-o-y, to S$909.8 million.
This came on the back of a record revenue contribution from...(click on link for full story on theedgesingapore.com)