
SINGAPORE (July 21): The Singapore Exchange (SGX) is expanding its Singapore Depository Receipts (SDR) suite with the introduction of three US-listed counters: Grab (SGX:UGBD), Sea (SGX:UGGD) and SpaceX. The three SDRs start trading on July 22 at market open.
This launch allows retail investors to participate in the rapid expansion of the digital economy, e-commerce and payments space, alongside frontier fields like artificial intelligence and space exploration via a simplified and convenient way to access some of the world's prominent companies in local currency.
Investor activity in SDRs is rising...(click on link for full story theedgesingapore.com)