SGX (SGX:S68) Declined 12% In One Day – Are MSCI Indexes That Important To SGX
SGX made an announcement on 27 May 2020 about gradually discontinuing the offering of MSCI index derivative contracts except MSCI Singapore. The market didn’t react well after this announcement. SGX stock was sold down by almost 12% by the end of the trading day. Is MSCI index products so important to SGX? Is the selldown … Read more