SGX and Marex Spectron collaborate on ferrous analytics offering

March 16, 2021

Singapore Exchange (SGX) and Marex Spectron (Marex) today announced that SGX will be adding Marex’s bespoke ferrous derivative data analytics products to its Titan OTC platform (Titan OTC), a one-stop, full-service over-the-counter (OTC) platform that supports block trade registration, order management, content and analytics across multiple asset classes and trading instruments.

Titan OTC hosts both SGX and partner-generated content and data within the Titan content hub that aggregates multi-asset content for the derivatives community. Through this new collaboration, Marex will apply its proprietary analytics tools on publicly available data for SGX commodity derivatives to provide Titan OTC participants with in-depth analysis and richer datasets. *

Since its launch in 2016, Titan OTC has benefitted the commodity ecosystem through enhancing OTC workflows and bringing clearing members, brokers and clients together on a single platform. It is part of the broader SGX Titan suite, which offers low-latency, high-throughput trading and clearing to cater to global participants in Asian markets.

Daniel Hildebrand, Head of Digital Services, SGX, said, “With increasing financialisation of commodities products, SGX continues to connect clients and market participants to global metals and energy, and financial markets. Our collaboration with Marex Spectron will enable us to provide clients with actionable data and insights. We look forward to more partnerships and initiatives to bring transparency and efficiency to OTC workflows.”

Dr. Guy Wolf, Global Head of Market Analytics at Marex Spectron and CEO of Marex Spectron Asia Pte Ltd., said, “Over the last decade we have focused on quantitative innovation in metals to provide our clients with a range of unique proprietary analytical products and insights into their markets. To be chosen by SGX as a partner for their Titan OTC platform is an exciting opportunity and a privilege, and we look forward to building out a new range of products for ferrous derivative traders.”

* Analytics tools include ferrous speculative positioning estimates and Marex’s proprietary NowCast indices. Weekly ferrous spread liquidity analysis, risk premia models and a monthly Ferrous Supply Chain Monitor will also be made available on Titan OTC.

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