Is Singapore a good place to trade commodities?

Singapore also commands seamless connectivity to more than 600 ports in over 120 countries. Singapore’s commodity trading sector has evolved from the conventional physical trading to the current OTC paper trading and a well regulated transparent exchange traded futures market.

Who regulates commodity futures in Singapore?

In February 2008, the regulation of commodity futures was transferred from the Commodity Trading Act to the Securities and Futures Act (SFA) under the purview of the Monetary Authority of Singapore (MAS). Thereafter the MAS has been the singular regulator for all types futures – financial and commodities.

What is the Singapore Commodity Exchange?

The Singapore Commodity Exchange (SICOM) is a key commodity exchange for the trading of two of the world’s most important commodities, coffee and rubber.

What is futures trading?

Originally created as a way for organisations to hedge against price swings in the commodities markets, futures trading is growing in popularity among retail investors around the globe. The proliferation of online brokers and leveraged trading, along with the promise of quick, large profits, no doubt is fueling demand.