SGX Group and the Philippine Stock Exchange signed a memorandum of collaboration on the sidelines of the ASEAN Capital Markets Forum. The PSE’s 22 October release describes work on issuer access, a broader product range, theme-based ETFs and derivatives. Its title also identifies depository receipts and cross-listings.[1]
Agreement and implementation
| Item | Detail |
|---|---|
| Completed step | Signing of the memorandumSource 1 |
| Potential routes | Cross-listings, receipts, ETFs and derivativesSource 1 |
| Dependencies | Engagement with regulators and market participantsSource 1 |
| Product availability | No named new security or launch date establishedSource 1 |
These routes involve different operating arrangements. A receipt requires a custody and corporate-action chain; a cross-listing adds a venue and its continuing obligations; an ETF needs creation, redemption and market-making arrangements. Those distinctions matter when translating an exchange initiative into a broker’s product catalogue.[1]
The next useful evidence would be named instruments, approved rules, settlement specifications and participating intermediaries. A signed memorandum alone cannot establish the costs, liquidity or investor protections of a future product.[1]
Sources & further reading
- SGX and PSE deepen collaboration on depository receipts, cross-listings and market access Philippine Stock Exchange · 22 Oct 2026 · Accessed 27 Oct 2026