{"id":160720,"date":"2021-01-22T19:19:17","date_gmt":"2021-01-22T16:19:17","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/singapore-exchange-to-streamline-trading-processes-with-blockchain-tech\/"},"modified":"2021-01-22T19:19:17","modified_gmt":"2021-01-22T16:19:17","slug":"singapore-exchange-to-streamline-trading-processes-with-blockchain-tech","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/singapore-exchange-to-streamline-trading-processes-with-blockchain-tech\/","title":{"rendered":"# Singapore Exchange to streamline trading processes with blockchain tech"},"content":{"rendered":"<p>&#8220;<strong># Singapore Exchange to streamline trading processes with blockchain tech <\/strong>&#8221;<br \/>\n<img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDEvZWU5MDA5YjgtYWM3NC00MzYyLWE4YzctNTliYzlmNjM5YTZhLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-5a136f3a>The use of DLT can bring efficiencies to many aspects of the lifecycle of financial products, from listing and issuing, through to settlement of trades.<\/p>\n<p>Singapore\u2019s stock exchange, SGX, has announced a joint venture with investment firm, Temasek, to use distributed ledger <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/technology\/\" data-internallinksmanager029f6b8e52c=\"4\" title=\"Technology\" target=\"_blank\" rel=\"noopener\">technology<\/a> to streamline the issuance and trading of financial products listed on its platform.<\/p>\n<p>According to a Jan. 22 <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/asia.nikkei.com\/Business\/Finance\/Singapore-s-Temasek-and-SGX-join-forces-to-tap-blockchain-tech\">report<\/a> from Nikkei Asia, this will initially consider bonds, funds and sustainable financial products, and may be extended in future to cover other asset classes such as equities.<\/p>\n<p>SGX has previously collaborated with Temasek and banking giant HSBC, in a trial utilizing blockchain technology to issue fixed-income securities. The first results of this trial came in September 2020, with a $300 million bond issuance for local food and agri-business company, Olam International. <\/p>\n<p>This was followed by a further 3 fixed-income bonds issued through the system totalling over 1 billion singaporean dollars ($750 million) in value.<\/p>\n<p>Today\u2019s announcement formalizes the partnership in the creation of a limited company, while extending and expanding the range of the previous trial. Lee Beng Hong, SGX head of fixed income, currencies and commodities, commented on the venture:<\/p>\n<blockquote><p>\u201cWe are very excited to take our digital asset business to the next level in partnership with Temasek.\u201d<\/p><\/blockquote>\n<p><template data-name=\"subscription_form\" data-type=\"markets_outlook\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/singapore-exchange-to-streamline-trading-processes-with-blockchain-tech\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8220;# Singapore Exchange to streamline trading processes with blockchain tech &#8221; The use of DLT can bring efficiencies to many aspects of the lifecycle of financial products, from listing and issuing, through to settlement of trades. Singapore\u2019s stock exchange, SGX, has announced a joint venture with investment firm, Temasek, to use distributed ledger technology to&#8230;<\/p>\n","protected":false},"author":1,"featured_media":160721,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/images.cointelegraph.com\/images\/1200_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjEtMDEvZWU5MDA5YjgtYWM3NC00MzYyLWE4YzctNTliYzlmNjM5YTZhLmpwZw==.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[74336,117,5012,4965],"class_list":["post-160720","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-bonds","tag-business","tag-singapore","tag-technology"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/160720","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=160720"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/160720\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/160721"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=160720"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=160720"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=160720"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}