Singapore draws a blank on L&I ETF applications
Hong Kong could see its first leveraged and inverse ETFs list next month, but sources say no applications have been filed in Singapore and that SGX is frustrated by the lack of take-up.
Singapore’s bid to become an exchange-traded fund (ETF) centre seems to have hit the skids, even as rival Hong Kong looks set to launch its first leveraged and inverse (L&I) ETFs next month.
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