Source: Fortune
Summary
Singapore Exchange (SGX) reported a 14% jump in yearly revenue to $1.17 billion, after the country rolled out market reforms in 2025. The reforms included tax rebates for newly-listed companies and a government-led injection of 1.5 billion Singapore dollars into the local equity market. SGX saw a 24.6% increase in net profits in FY2026, and its 21 new IPO listings raised a total of $3.2 billion.
Our Reading
The numbers tell one story. SGX’s revenue jumped 14% to $1.17 billion, and its net profits increased by 24.6%. The exchange’s dual listing partnership with Nasdaq seems to be paying off, with 21 new IPO listings raising $3.2 billion. SGX’s CEO Boon Chye Loh is optimistic about capturing new opportunities amid geopolitical and economic uncertainty.
The announcement sounds familiar, but the numbers are new. SGX’s push into fixed income, currencies, and commodities (FICC) is deepening, and the exchange is expanding into physically-linked derivatives. The Singapore Exchange is also looking to establish an over-the-counter gold clearing system for physical gold stored in the country.
The strategy enters a familiar phase. SGX’s CEO Loh is confident that the bourse will be able to capture new opportunities, but it remains to be seen how the exchange will navigate the challenges ahead.
Author: Evan Null
