Categorized | Singapore Trading News

SGX Adds New ADRs of Top Japan and Korea

The Singapore Exchange will add eight more ADRs to its GlobalQuote board on 18 May. All the ADRs are fungible with those listed in the US and allow investors, for the first time, to manage their exposure to these companies round-the-clock.

Five of these ADRs are of major Japanese companies including the world’s biggest automaker Toyota Motor Corporation. Two of the new ADRs are from major China companies which only have US listings. Their quotation on SGX will give investors their first-ever opportunity to manage exposures to these companies during the Asian time zone, when news flow relevant to the companies is likely to occur. The eighth ADR is from a major South Korean company, POSCO, one of the world’s largest steel makers.

Mr Chew Sutat, Head of Securities at SGX said, “Our increasingly diverse ADR suite enables customers to manage risk and trade across several time-zones with ease and at competitive cost. Recent market events underline the importance of this flexibility and SGX looks forward to bringing more of such products to customers.”

The following are the new ADRs:

Adapted from: SGX News Release as posted on i3investor

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Symbol Bid Ask Spread
EURUSD 1.18160 1.18180 2
GBPUSD 1.31960 1.31990 3
USDCAD 1.24590 1.24620 3
USDJPY 112.980 113.000 2
USDCHF 0.97940 0.97970 3
AUDUSD 0.78620 0.78650 3
NZDUSD 0.70420 0.70470 5
EURGBP 0.89530 0.89560 3
EURCHF 1.15730 1.15760 3
EURJPY 133.510 133.540 3
AUDJPY 88.830 88.880 5
GBPJPY 149.090 149.150 6
XAUUSD 1280.67 1281.07 40
XAGUSD 16.955 17.005 5