Launch of Structured Certificates on SGX – First in Asia

16 August 2023

On 30 August 2023, Structured Certificates were listed and available for trading on the Singapore Exchange Securities Trading Limited (“SGX-ST“). Structured Certificates are structured products issued by third party financial institutions (typically investment banks) to meet the specific needs of investors such as yield enhancements and growth payoffs. SGX is the first exchange in Asia to offer trading of Structure Certificates, which are more commonly traded in Europe.

The launch of Structured Certificates on SGX-ST provides a new range of products for investors of Specified Investment Products (SIP) to trade Asian underlying assets on SGX-ST, beyond the existing suite of products like stocks, exchange traded funds (ETFs) and leverage products. Structured Certificates on SGX-ST are not capital protected, and investors bear the risk of the issuer defaulting.

For more information, click here to read the full Legal Update.

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Deputy Head, Capital Markets

+65 6232 0191

E mui.hui.tan@rajahtann.com

Singapore,

Deputy Head, Capital Markets

+65 6232 0714

E chi.tern.hoon@rajahtann.com

Singapore, South Asia,

Country

Singapore

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Rajah & Tann Asia is a network of legal practices based in Asia.

Member firms are independently constituted and regulated in accordance with relevant local legal requirements. Services provided by a member firm are governed by the terms of engagement between the member firm and the client.

This website is solely intended to provide general information and does not provide any advice or create any relationship, whether legally binding or otherwise. Rajah & Tann Asia and its member firms do not accept, and fully disclaim, responsibility for any loss or damage which may result from accessing or relying on this website.

© 2024 Rajah & Tann Singapore LLP. All rights reserved. Rajah & Tann Singapore LLP (UEN T08LL0005E) is registered in Singapore under the Limited Liability Partnerships Act (Chapter 163A) with limited liability.