SGX plans to expand its data offering with little latency and expand its current offering of securities and derivatives data. Companies less sensitive to latency can also access standardized SMDF and DMDF market data from a feed supplier with a point of presence (PoP) in Singapore. This approach slows down data speed and reduces the chances of adaptation, but it can nevertheless provide a depth of the book and allow significant savings on infrastructure maintenance for direct flows. The stock exchange is structured into four divisions: fixed-rate securities, currencies and commodities; Shares; Data connectivity and indices global distribution and origin. The stock exchange set the new structure in July 2019.  Starting in 1984, SGX and CME reached an agreement on a reciprocal compensation system that gives market participants the choice between clearing Eurodollars, futures and futures at 225 yen for CME or SGX. Before CME`s trading time was extended, traders could move from one platform to another and essentially open a 24-hour trading day for all three contracts. SGX provides North American companies with convenient and easy access to Asian markets through its partnerships with U.S. equity markets. An agreement with the CME Group allows for the liquidating of an open futures position in one market, in the other, creating a 24-hour market place and helping investors manage risk overnight. The agreement is available for Eurodollar and Euroyen futures contracts as well as Nikkei 225 futures denominated in dollars and yen. SGX has also entered into a list cooperation agreement with the Nasdaq Stock Market to allow new companies to be listed simultaneously on both stock markets. The 20-year-old Singapore Exchange calls itself “Asia`s most international stock exchange.” It establishes relationships with other Asian markets – in China, Southeast Asia, Japan and India – while building links with major U.S.
stock exchanges. SGX`s goal is to serve as a one-stop shop for international investors in Asia to manage globalized portfolios with flexible access to the market that follows the Sun. SGX offers securities, derivatives and commodities, including the widest range of Asian stock index derivatives, covering more than 80% of Asian economies – China, India, Indonesia, Japan, Taiwan, Thailand and the Philippines. In addition, it provides clearing and settlement and settlement services to all SGX members, as well as market and access data services, custodian and brokerage services. SGX does not provide analytical tools. Institutions wishing to redistribute SGX data to an external party must obtain a licensing agreement with SGX. Licensed licensees have the ability to disseminate SGX data through their own distribution channels to integrate it with their own applications and analytics tools. In October 2010, the Singapore Exchange and the Australian Securities Exchange entered into a merger agreement to create Asia`s second largest stock exchange group behind hong Kong Exchange and Clearing. SGX offered $8.2 billion for the Australian stock exchange.  In April 2011, the Australian government blocked the merger and ASX withdrew its offer. In 2015, the Exchange expanded its reach in the U.S. market by entering into a technology agreement with the CME Group, which uses the CmE data system in Aurora, IL, as an access point to directly connect North American SGX customers to SGX.