The Singapore Mercantile Exchange (SMX) has announced a partnership with the Singapore-based NextVIEW, a leading information and data provider for pan-Asian trading and financial markets.

“NextVIEW aims to assist in the development of the pan-Asian financial ecosystem by equipping clients with premium and effective data, networks and analytics, through the various regional offices it has in seven Asian cities,” SMX, the first trans-Asian multi-product commodity and currency derivatives exchange in Singapore, said today.

NextVIEW will provide financial information and trading systems with market data content, including real-time information on the equities and derivatives segments. The financial information would include data for futures, options warrants, interest rates, government bonds, global news services, earning calls and corporate financials.

The Singapore Mercantile Exchange Senior Vice-President, Mr Spencer Campbell, said: “This kind of inter-connectivity is vital for the incremental progress of Asian commodity and derivative markets.

Partnerships with forward-thinking platforms such as NextVIEW continue to be crucial for our exchange early on as we look to enhance global access and connectivity.”

Mr Stephen Lai, Chief Executive Officer of NextVIEW, added: “Participants on SMX will benefit from our financial services terminals and platform for education and conferences, including the depth of our market data and portfolio opportunities.”

SMX provides multi-currency multi-asset trading and clearing for products with guaranteed settlement and delivery. It enables members to engage in futures trading for WTI Crude and Brent Crude (denominated in euros).

It also has the distinction of launching Singapore’s first gold futures contract (with physical delivery-based settlement) and Euro-US dollar currency futures.