Singapore International Monetary Exchange (SIMEX): an analysis of its strategic growth prospects

Abstract

Located in the OUB Centre, Raffles Place, Simex is now in the prime office area of Singapore. Most of its corporate members' offices are also located nearby, many in the same building. Since is launching about five years ago, Simex has been largely successful in being Asia's foremost one-stop risk management facilities centre with a broad range of products namely 3-month Euroyen Future, 3-month Eurodollar future, Nikkei Stock Average Future, as well as Japanese Yen, Deutschemark, British Pound, Gold and Oil futures. Options on futures such as 3-month Eurodollar, Japanese Yen and Deutschemark are also available and the product range will continue to broaden in future.