SGX reports 9% rise in 2Q earnings to S$97 mil as derivatives business set record for second straight quarter

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SINGAPORE (Jan 24): Singapore Exchange reported 2Q earnings of S$97 million or 9 cents per share, 9% higher compared to a year ago.

The board has declared an interim dividend of 7.5 cents per share, up from 5 cents last year.

Total revenue for 2Q also rose 9% to S$224 million from a year earlier.

Revenue from derivatives increased 35% to S$112.9 million and accounted for half of total revenue.

Revenue from equities and fixed income — comprising issuer services, securities trading & clearing and post trade services — declined 12% to S$85.6 million, accounting for 38% of...(click on link for full story on theedgesingapore.com)