Singapore Exchange (SGX)
History of the Singapore Exchange :
The Singapore Exchange was created in 1999, when the Stock Exchange of Singapore (SES) and the Singapore International Monetary Exchange (SIMEX) merged into one. The SIMEX had been a futures exchange, started in 1984, while the SES had traded in stocks. At the end of 1998, the SES listed 307 companies and had a total market capitalization of S$263 billion. Before the merger, both companies were privately owned by the member firms of the exchanges.
In 2000, the Singapore Exchange became the first publicly held stock exchange in the Asia-Pacific, and listed its shares on its own exchange.