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23 June, 2021
As published on Business Times.
HG Exchange (HGX) has graduated from the Monetary Authority of Singapore (MAS) FinTech Regulatory Sandbox with a Recognised Market Operator (RMO) licence, it said in a press statement on Wednesday.
With the RMO licence, HGX can now support the issuance and trading of both digital and non-digital capital market products.
The member-driven private securities exchange entered MAS’s fintech regulatory sandbox in June last year to test a marketplace for private-company shares. It then began trading three months later.
Read the full article here.
Photo: Hg Exchange