Press Release: SGX selects TradingScreen to create 1st liquidity venue focused on Asian Bonds

TradingScreen selected for its extensive Fixed Income experience and award winning multi-asset class technology

SINGAPORE and NEW YORK – December 2, 2014 – Singapore Exchange (SGX) has selected TradingScreen to create the trading platform of the first OTC liquidity venue dedicated to Asian Bonds (“SGX BT”) , which they recently announced. TradingScreen, the leading independent provider of liquidity, trading, and investment technology via SaaS, already supplies the technology and operates the Galaxy bond trading platform, an MTF, in Europe.

The Asian fixed income market has shown strong growth recently with issuance in Asia, excluding Japan, up almost a third to reach $137 Billion. This development has led to an increase in demand for an organized and efficient secondary market. At the same time, an increase in regulatory and capital adequacy requirements has made it harder for the traditional secondary market liquidity providers to meet demand. As a result, the market is searching for alternatives that could alleviate the liquidity and intermediation needs that have arisen…