Asia300

Singapore Exchange Ltd.

Singapore

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
Apr 26, 2017
Prev close: 7.41
Apr 26, 2017
Market cap:
Market cap(USD):
7,940.86M
5,694.78M
Shares: 1,071.64M

Currency in SGD

Company profile

Market(Ticker): SES(S68)
Sector:
Industry:
Finance
Investment Banks/Brokers
Full time employees: 762

Business summary

Singapore Exchange Ltd. operates as an investment holding company, which engages in the treasury management, provision of management and administrative services to related corporations, provision of contract processing and technology connectivity services. It operates through the following business segments: Equities & Fixed Income, Derivatives, Market Data & Connectivity and Corporate. The Equities & Fixed Income segment provides issuer services, securities trading and clearing, post trade services, membership and collateral management. The Derivatives segment provides trading and clearing services, membership and collateral management. The Market Data & Connectivity segment provides market data and connectivity services. The Corporate segment is a non-operating segment comprising corporate activities which are not allocated to the three operating segments described above. The company was founded on August 21, 1999 and is headquartered in Singapore.

Company background

Singapore Exchange (SGX) plays a key role in Asia's securities and derivatives market, offering the world's largest offshore market for Asian equities index derivatives. Its markets attract many overseas players, and approximately 40% of listed companies have their origins overseas. The company was formed in 1999 through a consolidation of three Singaporean companies that ran exchanges and clearing services, namely Stock Exchange of Singapore (SES), Singapore International Monetary Exchange (Simex) and Securities Clearing and Computer Services (SCCS). The company went public in November 2000. Over 20% of SGX shares are held by SEL Holdings, a special-purpose company wholly owned by Temasek Holdings under Singapore's regulations that restrict the exercise of votes attached to shares of financial exchange companies.

Magnus Bocker was appointed CEO in December 2009. Prior to joining SGX, he spearheaded the creation of the Nordic Exchanges Company (OMX), the world's largest provider of technology solutions for exchanges and clearing organizations. He also played a key role in OMX's merger with Nasdaq in 2008, eventually becoming president of Nasdaq OMX. Under Bocker's leadership, SGX has been diversifying its derivatives offerings. In recent years, SGX has launched Chinese yuan futures contracts as well as gold futures, the "Singapore Kilobar Gold Contract."

In the news

Financial highlights

Jun 2016

  • Local currency
  • US Dollar
Revenue 828.88M
Gross profit 551.48M
Operating income 420.03M
Income before tax 414.84M
Net income 349.01M
EBITDA --
Diluted EPS 0.32
Dividends per share 0.28
Total assets 2,110.56M
Total liabilities 1,120.98M
Total equity 989.58M
Operating cash flow 435.04M

Currency in SGD

Revenue 596.36M
Gross profit 396.78M
Operating income 302.20M
Income before tax 298.47M
Net income 251.11M
EBITDA --
Diluted EPS 0.23
Dividends per share 0.20
Total assets 1,568.14M
Total liabilities 832.89M
Total equity 735.25M
Operating cash flow 313.00M

Currency in USD

Valuation measures

Jun 2016

PER 23.37
ROA 17.83%
ROE 35.50%
Operating margin 50.67%
Profit margin 42.10%

Key executive

  • Chief Executive Officer & Director: Boon Chye Loh
  • President: Muthukrishnan Ramaswami
  • Chief Financial Officer: Lay Chew Chng
  • Senior Vice President & Head-Compliance: Glenn Seah
  • Executive Vice President & Head-Listings: Liang Ying Wong

Share holders

  • Temasek Holdings Pte Ltd. (Investment Company)(23.3%)
  • Japan Exchange Group, Inc.(4.9%)
  • The Vanguard Group, Inc.(1.6%)
  • Epoch Investment Partners, Inc.(1.1%)
  • Norges Bank Investment Management(1.1%)
  • BlackRock Fund Advisors(1.0%)
  • Columbia Wanger Asset Management LLC(0.7%)
  • JPMorgan Asset Management (Singapore) Ltd.(0.3%)
  • Aberdeen Asset Management (Asia) Ltd.(0.3%)
  • JF Asset Management Ltd.(0.2%)

Address

  • Website: http://www.sgx.com
  • Address: 2 Shenton Way, No. 02-02, SGX Centre 1, Singapore, 068804, Singapore
  • Phone: +65.6236.8888

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