As per the deal, SGX members will be able to trade FTSE100 securities on SGX’s GlobalQuote Board while LSE members will be able to trade 36 securities of Singapore’s indices on LSE’s newly-created International Board.
The collaboration, which will occur in stages, will extend trading hours for the most actively traded securities in both markets.
The SGX securities are expected to be quoted on LSE in the third quarter of 2012, while the LSE securities are anticipated to be quoted on SGX in the first half of 2013 subject to regulatory approvals.
LSE CEO Xavier Rolet said, "This collaboration between LSE and SGX will bring exciting opportunities to both FTSE100 companies and our trading customers around the world."
