SGX, TOCOM to Jointly Develop Asian LNG Market

Singapore Exchange (SGX) and Japan's Tokyo Commodity Exchange (TOCOM) have signed a memorandum of understanding to jointly develop the liquefied natural gas (LNGLF) (LNG) market and electricity futures in Asia.

 

SGX and TOCOM are expected to explore opportunities like co-listing LNG derivatives and synergies between the market distribution networks of both firms.


(Reporting by Mark Tay and Henning Gloystein; Editing by Himani Sarkar)