Singapore Exchange (SGX), which runs Southeast Asia's largest stock and derivatives market, has in recent months held exploratory talks about possible tie-ups with overseas exchange operators, people familiar with the matter said.
Discussions with parties including Nasdaq and CME Group have ranged
from potential collaborations to the sale of a stake in the company or
even a full merger, the people said, asking not to be identified as the
details aren't public.
SGX, with a market value of about US$5.9 billion, has been weighing
its options as rivals attempt to consolidate across the industry.
SGX has not hired any advisers and no formal decisions have been made
about how to proceed, the people said. It's unclear if any talks are
Representatives for CME, Nasdaq and SGX declined to comment.
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