NYSE and SGX Group Announce Wide-Ranging Collaboration

The New York Stock Exchange and Singapore Exchange announced the signing of a new agreement to collaborate on the dual listing of companies on both exchanges and work together in a number of other key areas focused on the capital markets. The collaboration between the two exchanges focuses on the following areas: Dual listing of companies on SGX Group and NYSE, Identifying and developing new ESG products and services, Supporting index product development at SGX Group and NYSE affiliate ICE Data Indices and Exploring new ETF products. Dual listings between the NYSE and SGX Group benefit issuers by allowing them to tap into pools of capital in key markets outside of their home regions. The agreement also allows the two exchanges to develop new products and services in support of their listed companies and investor communities, and coordinate compliance efforts for dual-listed companies.