Singapore Exchange to introduce dual currency trading

[Sabrina]

Found this in my resignations trawl today. Now could this be an interesting one financial boffins as some look to move against away from the dollar? S


http://finance.yahoo.com/news/singap...000858970.html

Singapore bourse introduces dual currency trading

SINGAPORE, March 22 (Reuters) - Singapore Exchange is introducing dual currency trading which will allow securities such as stocks and exchange traded funds (ETFs) to be traded in two different currencies.

The exchange said in a statement that Hutchison Port Holdings Trust would be the first listed security to launch dual currency units, in U.S. dollar and Singapore dollar, and will start trading on April 2. (Reporting by Harry Suhartono)

[Sabrina]

Also this.

SGX: Accepts Lehman Brothers Pte Ltd's Resignation.
21 Mar 2012 17:39

Singapore Exchange has accepted the resignation of Lehman Brothers Pte Ltd as a Member of Singapore Exchange Derivatives Trading Limited, Singapore Exchange Derivatives Clearing Limited, Singapore Exchange Securities Trading Limited and The Central Depository Pte Ltd. LBPL does not have any outstanding financial obligations owing to SGX-DC and the CDP. LBPL ceases to be a Member of SGX-DT, SGX-DC, SGX-ST and the CDP with effect from 21 March 2012