The Singapore Exchange (SGX) is looking to add interest rate swaps in U.S. dollars, pounds, euros and yen Bloomberg reports. The securities market operator is seeking to become the “multi-asset-class clearing hub” for over-the-counter derivatives in Asia, Four months ago, SGX started clearing standardized interest rate swaps in Singapore dollars. The exchange is also planning to clear foreign exchange forward contracts by the end of July.

Click here for the story from Bloomberg.