SGX eyes single-stock ETFs, tie-ups across markets for growth amid multi-asset exchange push
The bourse may also consider single stock or leveraged products if there is interest, says its CEO
Singapore Exchange (SGX) is seeking to expand its offerings by considering single-stock and leveraged products, if there is sufficient interest, according to its CEO Loh Boon Chye. The bourse is focusing on broadening its range of exchange-traded funds (ETFs) and partnerships across markets to strengthen its position as a leading multi-asset exchange in Southeast Asia.
SGX currently provides 53 ETFs, with assets under management surpassing S$21 billion. In September, the exchange will list an active ETF that tracks the iEdge Singapore Next 50 Index, which comprises the 50 largest companies listed on SGX, after the top 30. Singapore equities have recently achieved multiple record highs, driven by the market's major banking stocks and investors seeking safety amid geopolitical tensions and AI trade volatility.
SGX has benefited significantly from regional inflows, with its shares rising nearly 50% this year and 33% in 2025. The exchange recently reported record full-year earnings, with net income increasing by 7.8% to S$698 million for the year ended June. Loh highlighted the company's intention to enhance collaboration with other regional markets to boost fundraising activities.
SGX has partnered with Nasdaq to simplify eligibility for companies seeking dual listing on the Singapore and US tech indices and collaborated with the Thai bourse to offer depository receipts of Thai-listed companies. Loh aims to capitalize on the resurgence in Singapore's capital markets to grow the business and pursue strategic deals that could expand the exchange's reach.
The exchange has more than 50 initial public offerings in the pipeline, with the number expected to rise over the next 12 months.
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