Intercontinental Exchange (ICE), a global provider of technology and data, announced that Nanhua Singapore Pte. Ltd. has become a member of both ICE Futures Singapore and ICE Clear Singapore. This membership enables Nanhua Singapore to trade and clear its own business and its clients’ business.
Zheng Peiyuan, Chief Executive Officer of Nanhua Singapore, stated, “We are pleased to join ICE in Singapore, as becoming a member allows Nanhua Singapore to strengthen our trading and global clearing capabilities, providing our clients with expanded opportunities in international markets.” Peiyuan added, “This membership underscores our commitment to delivering reliable and efficient services that meet the evolving needs of our clients, and we look forward to deepening our collaboration with ICE as we continue to support our clients’ growth globally.”
Maria Levanti, President and COO of ICE Futures Singapore and ICE Clear Singapore, commented, “We are delighted to welcome Nanhua to ICE in Singapore. We continue to work closely with the regional market to connect local and international participants in Asia with access to global markets and risk management tools.”
ICE has maintained a presence in Singapore for over two decades. ICE Futures Singapore offers a portfolio of energy, FX, equity derivatives, and digital asset contracts, providing a range of hedging tools, including mini and micro sizes, to help customers manage risk.