SGX GlobalQuote

Overview

Nasdaq and SGX have partnered to bring trading of 19 major Asian companies with ADRs to Asia via SGX GlobalQuote. The result of a unique venture between Nasdaq and SGX, SGX GlobalQuote provides the opportunity to manage positions in U.S. ADRs during Asian market hours with effectively round-the-clock trading power.

Benefits to Trading ADRs on SGX GlobalQuote

  • The ability to trade on Asian news, ahead of the U.S. market open.
  • Fungibility between ADRs on GlobalQuote and:
    • ADRs on U.S. exchanges
    • Common shares in overseas markets, if any
  • Full clearing services for screen and OTC block trades
  • Guaranteed stock and cash settlement by CDP
  • Competitive quotes due to availability of market makers
  • USD denominated

Low-Cost Venue

SGX is a low-cost venue, with no conversion fee to transfer ADRs between U.S. and SGX, a flat fee per transfer between U.S. and SGX, and lower custody cost as compared to most Asian markets.

Who Can Participate

To trade on SGX, firms will need to be an SGX member, or secure the services of a Member to introduce their orders onto Global Quote.

Contact Information