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Publish Date : 05-Oct-2012

The Singapore Exchange (SGX) said on Thursday that US investors can now directly trade the SGX MSCI Indonesia Index futures contracts within the US with ease.

This comes after the Commodity Futures Trading Commission (CFTC) certified that the contracts, which are based on the MSCI Indonesia equity index, may be offered and sold to persons in the US.

\"With the CFTC\'s certification, US investors can conveniently access the Indonesia economy, which regained its investment grade rating early this year,\" said Michael Syn, head of derivatives at SGX.

The SGX-listed MSCI Indonesia futures is the first offshore futures contract providing international investors easy access to the fast-growing Indonesian market. Since its launch on June 11, 2012, the MSCI Indonesia futures contract has traded a notional value of US$290 million (S$356 million).

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