SGX Teams Up with Tullett Prebon, Launching Index Offering in Middle East

[kreslik.news]

Singapore Exchange (SGX) and Tullett Prebon have teamed up to launch a new liquefied natural gas (LNG) spot index in Dubai, Kuwait, and India (DKI), part of a bourgeoning partnership that will look to foster improved price discovery and risk management in the region.

Dubai, Kuwait, and India are amongst the fastest growing locales for the trading of LNG spot indices – the two groups will be offering a DKI Sling, which includes reference price for LNG Delivered Ex-Ship across three countries, whereby complementing an increase in spot trading volumes.

The initiative follows on the heels of an earlier introduction this past ... (read more)