SGX Targets Dubai Expansion To Follow Hedge Funds

Bloomberg

Bloomberg reports that the Singapore Exchange Ltd is looking at expanding into Dubai, drawn by the surge of hedge fund that have settled in the United Arab Emirates.

An influx of the firm’s clients settling in the emirate is strengthening the case for opening a new office, complementing its operations in the nine other countries, Lee Beng Hong head of wholesale markets and platforms at SGX told Bloomberg.

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