Commodity Exchange in Singapore

Singapore ranks among the top five financial centers in the world. Given Singapore’s strategic location in Asia - it's a bridge between East and West, a successful free market economy, political stability with a business friendly environment, Singapore is an ideal place to host such a commodities exchange. The island republic has all the components of a modern day financial ecosystem –

• Regulatory Framework – Internationally reputed and Highly Respected Regulatory framework
  
  
• Robust Banking Infrastructure – More than 100 international commercial banks have set-up their Regional Head offices here. Singapore is also home to many of the top banks in the region.
  
  
• Established Stock Markets – A total of 722 local and international companies listed
  on the SGX for trading in equities, bonds and indices.
  
  
• Currency Markets – Singapore is the fifth largest foreign exchange trading centre in the world and the second largest in Asia, closely behind Tokyo.
  
  
• OTC Markets – Singapore is the eight largest OTC derivatives centre in the world
  
  
• A Major Trading Hub – Third largest oil trading centre after New York and London
  
  
• Port – Top bunker port in the world

The only significant market missing from Singapore's financial ecosystem is a Commodities Market.

Hence, an international commodity exchange such as Singapore Mercantile Exchange, offering a platform for trading a diversified range of commodities (such as precious metals, energy products, currency pairs, base metals) and other innovative products based on these commodities, will complete the financial landscape of Singapore as one of the leading financial centers of the world.