Singapore Exchange and GreTai Securities Market sign co-operation MOU

Singapore Exchange and GreTai Securities Market sign co-operation MOU

25/11/09

Singapore Exchange Limited (SGX) and Taiwan’s GreTai Securities Market (GTSM) today signed a Memorandum of Understanding (MOU) to co-operate towards the development of their respective capital markets.

The MOU aims to foster greater communication between both exchanges through areas such as staff exchange, training and the sharing of information related to market development.

SGX CEO Mr Hsieh Fu Hua said, “In our development as an Asian Gateway, Taiwan has been an important market for SGX. We share similar goals in further developing our respective SME markets and this MOU forms the basis for fruitful discussions going forward.”

GreTai Chairman Mr Gordon Shuh Chen noted, “This collaboration will benefit both GreTai and SGX and help us build a complementary relationship. With this MOU, GreTai and SGX can work hand-in-hand to create opportunities for synergy and co-operation.”