We’re expanding beyond our expertise in airport cargo logistics: Eneco
Energy’s executive director
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Under the leadership of new executive director Ang Jun Long, Eneco has big
moves planned for a future that aligns with its core competencies. “The
goal i...
6 hours ago
That's why it's called investing or speculating ... if we expect 100% no nominal losses the second we buy, people will call it savings liao LOL!
ReplyDeleteUnless we are top SGX mgmt, this non-renewal of MSCI licencing is a black swan, since derivatives is the bright spot in SGX trading revenues for many years already. Only those on the negotiating team will know that SGX is walking away from MSCI's asking price.
Probably SGX feels that the volume of bank-counterparty derivatives like DLCs & CFDs can offset having to pay a likely very expensive renewal of MSCI licenses. And these types of derivatives can be easily & cheaply created ... and more suited to local gamblers which make up the bulk of SGX customers LOL!
Expect more ABC and XYZ derivative contracts for trading in the next couple of years. A S'pore Pools-style of business model is good business! Kekeke!!
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No minimum commission and we can trade like betting 4D on daily basis. Tio or bo tio. :-)
ReplyDeleteWe become older and our balls shrink faster?
ReplyDeleteWaiting for three banks to crash. LOL!
ReplyDelete