By Published On: December 4, 20250.8 min read

Singapore Exchange (SGX) has denied reports that it is considering a takeover of Cboe Global Markets’ Australian business. Earlier, the Australian Financial Review (AFR) claimed that SGX had held preliminary discussions with Cboe and its advisers about a possible bid for the Australian unit, citing sources familiar with the matter.

The AFR report suggested that SGX was exploring the strategic benefits of expanding its regional presence through acquiring Cboe Australia, a significant equity-trading platform in the country.

In response, SGX issued a statement rejecting the report as “inaccurate.” While the company did not provide further details, its statement implies that any discussions, if they took place, are not advancing as the AFR indicated.

For forex traders, this development highlights that SGX is not currently moving to broaden its footprint in the Australian market through acquisition, signalling stability in the current exchange landscape for the region.

Original Source: Eamonn Sheridan of investinglive.com

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