Meanwhile, the Singapore Exchange (SGX) has set out a reform to its organisational structure. As a result of the revamp, SGX will divide itself into five units comprising: derivatives; istings; market data and access; posts-trade; and securities. The bourse's fixed income business will become a part of the enlarged securities unit, while the commodities business will be grouped within the derivatives unit. SGX president Muthukrishnan Ramswami will hold responsibility for the derivatives, market data and access, post-trade and securities segments. Further, Gan Seow Ann, co-president at SGX, is to resign and will stay on as advisor to the exchange.