Hg Hot News: We are awarded the RMO license by MAS!

Hg Exchange (HGX), a private securities exchange formed by an alliance of leading capital market intermediaries, announced today (June 23) that it is now a Recognised Market Operator (RMO) regulated by the MAS!

Our graduation from the MAS Fintech Regulatory Sandbox indicates that we have demonstrated compliance with rigorous regulatory requirements and ensured our structure and operations are in accordance with local and international standards and best practices.

Since its inception, our exchange has recorded many milestones, including closing its first trade in September 2020 and launching Asia’s first digital whiskey-based asset-backed security in January 2021. Thirteen different products have been successfully listed with a total average monthly trading volume exceeding US$500,000 in the last six months.

Looking to the future, we will be looking to build a strong product pipeline of capital market products, with funds, loans, luxury assets, and real estate under evaluation for future listing. Additionally, we also plan to onboard more Member Firms, expanding the overall marketplace and ecosystem.

As we scale up our operations, we would love to have talents joined our team! So come join us now in Hg Exchange as we look to expand our presence further!