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Opinion: The SMX’s battle for bulk

September 06, 2010  

The newly launched Singapore Mercantile Exchange intends to bring commodities trading to the region that already hosts the most creation and consumption of these resources. It makes sense, but investor habits die hard. Chris Wright reports.

If you build it, will they come? The central issue facing the new Singapore Mercantile Exchange is not whether there’s a logical basis for its existence, which there clearly is. It’s whether that’s enough of a reason for people to...


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 LOCAL CURRENCY DCM

Rank Bookrunner Value ($m) No. %Share
1 Samsung Securities Co 1,079 13 4.8
2 China Development Bank Corp 1,066 3 4.8
3 KB Financial Group Inc 1,052 10 4.7
4 Daewoo Securities 950 8 4.2
5 Korea Investment & Securities 865 14 3.9
6 Woori Investment & Securities 854 12 3.8
7 SK Securities 758 8 3.4
8 CITIC Securities 686 2 3.1
9 Dongbu Group 650 10 2.9
10 Haitong Securities 649 2 2.9
Subtotal 8,609 70 38.4
Total 22,396 168 100.0

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