Singapore Exchange Appoints a New Head of Global Sales and Origination

Singapore Exchange Exchange An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv An exchange is known as a marketplace that supports the trading of derivatives, commodities, securities, and other financial instruments.Generally, an exchange is accessible through a digital platform or sometimes at a tangible address where investors organize to perform trading. Among the chief responsibilities of an exchange would be to uphold honest and fair-trading practices. These are instrumental in making sure that the distribution of supported security rates on that exchange are effectiv Read this Term (SGX), announced today that it has appointed Pol de Win as Senior Managing Director, Head of Global Sales and Origination (GSO).

According to an official press release, the appointment of Win will take effect from 1 July 2021. He will succeed Chew Sutat, the current head of GSO at SGX. Sutat spent more than fourteen years at the Singapore Exchange.

Win has joined SGX from Goldman Sachs Hong Kong where he served as a Managing Director. He spent more than 20 years at Goldman Sachs. In his latest role, Win was heading Southeast Asia Financial Institutions and Fintech Fintech Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Financial Technology (fintech) is defined as ay technology that is geared towards automating and enhancing the delivery and application of financial services. The origin of the term fintechs can be traced back to the 1990s where it was primarily used as a back-end system technology for renowned financial institutions. However, it has since grown outside the business sector with an increased focus upon consumer services.What Purpose Do Fintechs Serve?The main purpose of fintechs would be to suppl Read this Term.

Commenting on the latest announcement, Loh Boon Chye, Chief Executive Officer of SGX, said: “As we enter a new growth stage, we are pleased to welcome Pol de Win to SGX. He adds perspective and experience honed from a vast network of relationships with regional issuers, global investors and major exchanges. With Pol’s leadership, we look forward to broadening and deepening the businesses Sutat and the team have built.”

Earlier this month, SGX reported its trading volumes for April 2021. The exchange saw a jump in the overall FX volume as INR/USD futures increased 38% to 1.4 million. In March 2021, Singapore Exchange welcomed Haitong International Singapore, a leading financial services provider, as a clearing member in its securities and derivatives market. Earlier this month, SGX announced a partnership with DBS and Temasek.

Chew Sutat

SGX highlighted the significant contributions made by Sutat as an important part of the team. He joined the company in 2007. “Sutat has been a valuable colleague and member of the SGX executive management team over the years, pioneering platforms and products that are a key feature of SGX’s business today. We would like to thank him for his leadership, service and commitment in elevating the significance of our capital markets, and along with it the expansion of SGX’s international business,” Chye added in the official announcement.