SGX outlines lessons learnt from failed ASX merger

Author: | Published: 21 Apr 2011

The Singapore Exchange (SGX) will avoid Asia’s fragmented financial markets following the failed merger with Australian Securities Exchange (ASX), and focus instead on core businesses, SGX chief Magnus Bocker has said.

There are many opportunities in Asia in the next eight to ten years, but also a lot of fragmentation in the region, Bocker said in a statement this week.

“There are a...