SGX Group was awarded Exchange of the Year at the 7th Regulation Asia Awards for Excellence 2024, celebrated in person on 4 November 2024.

Presented within the Market Infrastructure category, the Exchange of the Year award recognises exchanges that demonstrate exceptional leadership, competitive strengths, and a steadfast commitment to sustainability. This category celebrates innovation, transparency, market integrity, and the ability to provide market participants with a secure trading environment.

SGX Group was recognised for its achievements across several critical areas, including market expansion initiatives through strategic partnerships with ASEAN nations, India’s GIFT City and the Chinese market. The exchange has added multiple new asset classes to both its securities and derivatives markets, expanding connectivity with other exchanges. SGX Group’s technological advancements, notably through AI-driven tools like the MaxxAI data analytics tool, exemplify a forward-looking approach to enhancing decision-making for OTC FX customers through its ability to curate FX and digital asset pricing and trade data and automatically generate insights for investors.

SGX Group’s proactive role in promoting sustainability and climate-related reporting, market integrity and strong governance among listed companies further solidifies its position as a transformative force in Asia’s financial market ecosystem.

“SGX Group’s achievements reflect a powerful commitment to advancing market integrity and operational resilience among market participants and listed companies,” said Bradley Maclean, Co-founder of Regulation Asia and Chair of the Awards Committee. “The exchange has taken strides in expanding regional connectivity, integrating AI-driven innovations into its platform, and championing sustainability and transparency – setting a benchmark for excellence in the exchange industry across Asia.”

A judge on the Regulation Asia Awards panel added, “SGX Group’s approach to innovation and sustainability, coupled with its strategic regional partnerships, represents a forward-thinking model that exchanges can emulate globally. By combining technology with a strong commitment to regulatory compliance and market integrity, SGX Group continues to elevate the standards for what an exchange should embody.”

About the Regulation Asia Awards for Excellence 2024

The Regulation Asia Awards for Excellence recognises financial institutions, technology companies, legal and consulting firms, exchanges and other players that help ensure the highest regulatory compliance standards are upheld in the financial industry. Each year, senior industry practitioners serve on a judging panel to help assess and score each submission to determine the winning entrants.

For a full list of the award 2024 winners, visit www.regulationasia.com/awards.

About Regulation Asia

Regulation Asia is the leading source of actionable regulatory intelligence for Asia Pacific markets. With over 13,000+ subscribers, including regulatory bodies, exchanges, banks, asset managers and service providers, Regulation Asia plays a key role in shaping the regulatory agenda.

Visit www.regulationasia.com or connect via LinkedIn or Twitter.