The bank benefits from automated end-to-end transaction flow and reports, greater efficiency and scalability.
Scientific Beta’s indices are tracked by $55bn in assets owned by global institutions.
The exchange's decision is based on the increasing risk of coronavirus infection in Hong Kong.
The cash settled contracts will be listed on ICE Futures Singapore.
The committee will oversee an industry-wide move to SORA.
The trading and pricing engine will go live in early 2020.
The new licence will be extended to non-bank players.
Singapore is home to 40% of fintech firms in ASEAN.
Firms will have a faster option to test innovative financial products and services in the market.