October 3, 2012
Singapore Exchange Derivatives Trading Limited’s MSCI Indonesia Index Futures Contract has been Certified and may be Offered to U.S. persons through Direct Access Effective October 2, 2012
Washington, DC – On August 15, 2012, Singapore Exchange Derivatives Trading Limited (SGX) requested expedited Commodity Futures Trading Commission (CFTC) review of the SGX’s MSCI Indonesia Index futures contract so that it may be offered to U.S. persons. SGX also requested that the contract may be made available through direct access terminals in the United States.
The CFTC’s Division of Market Oversight reviewed the contract and determined that it satisfied the requirements of the Commodity Exchange Act (Act) and the Commission’s Regulations. Accordingly, the MSCI Indonesia Index futures contract is deemed to be in conformance with the Act and therefore may be offered or sold to persons in the U.S. SGX may make the contract available for trading through its direct access terminals in the U.S.
Last Updated: October 3, 2012