Singapore Exchange Limited (SGX) is an investment holding company founded in 1999 and located in Singapore. It provides different services related to securities and derivatives trading and others. SGX is a member of the World Federation of Exchanges and the Asian and Oceanian Stock Exchanges Federation. As Asia's pioneering central counterparty, SGX is globally recognized for its risk management and clearing capabilities, and was one of the first globally to adopt the Principles for Financial Market Infrastructure.