FTSE Russell and Singapore Exchange (SGX) have unveiled outline details of a partnership to develop the ETF market locally in Singapore as well as explore opportunities across their index, data, and analytics businesses.

Waqas Samad, CEO, FTSE Russell & Group Director, Information Services, LSEG.

The partnership is part of a broader, strategic collaboration that will initially focus on developing an index derivatives offering.

Waqas Samad, CEO, FTSE Russell & Group Director, Information Services, LSEG, said, “We are delighted to expand our successful relationship with SGX with this new strategic partnership, which will help support growing client and investment demand across Asia for access to index-based listed futures and options markets as well as ETFs.

“We also look forward to partnering with SGX to develop a range of index-based products to support the increasing need for sustainable investment solutions developed to globally recognised ESG standard.”

Loh Boon Chye, Chief Executive Officer, SGX, added, “With this expanded agreement with FTSE Russell, we will develop more unique tools to match evolving investor needs. FTSE Russell’s leadership in the world of investable multi-asset products and ESG, together with SGX’s leading position and unrivalled capabilities in Asian derivatives, will drive even greater impact and value creation for our customers.”

ETFs based on FTSE Russell indices such as the Russell 1000 Index, the Russell 2000 Index, the FTSE 100, FTSE China 50 and FTSE Emerging Index are some of the most actively traded and liquid in the world.