SGX overhauls organisational structure to highlight business lines

It also aims to deepen its international presence.

The local bourse is completely turning its organisational structure upside down to prepare for the coming year.

According to a statement by Singapore Exchange (SGX), the sales and product teams will be combined to form three vertical businesses, which are equities & fixed income, derivatives, and market data & connectivity.

Meanwhile, the SGX says the new structure will also consolidate SGX’s international offices (China, Hong Kong, India, Japan and UK) under a single unit – Membership & International Coverage (MIC).

“Dedicated country strategies will be developed to drive greater adoption of SGX’s products and services internationally,” said the statement.

“Changes to the Operations and Technology units will enhance operational resilience and responsiveness. The improved alignment between development and support units will also enable the successful and timely delivery of ongoing technology projects,” the statement added.