MAS approves SMX for commodities and currencies

SMX is the first pan-Asian multi-product commodity and currency derivatives exchange.

Jignesh Shah, vice-chairman of SMX said: “The approval from MAS is a significant milestone towards realising SMX’s vision of creating a pan-Asian exchange from Singapore, one of the world’s most respected and reputed international financial centres and the best IFC from the east.”

Thomas McMahon, chief executive of SMX, said: “Today’s development brings SMX a step closer towards revolutionising Asian commodities

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