SGX Group to introduce global listing board in partnership with Nasdaq

SGX Group and Nasdaq (NDAQ) announced a partnership to simplify dual listings in the United States and Singapore, enabling companies with a market capitalisation of S$2 billion and above to access global capital, investors and liquidity through a harmonised cross-border listing framework that bridges the two markets. Adena Friedman, Chair and CEO of Nasdaq, said, “Nasdaq and SGX Group have a long-standing partnership rooted in our shared belief in the power of markets to drive economic growth, build ecosystem of capital and create long-term value. In a world of increasing complexity and sometimes fragmenting markets, this initiative demonstrates that cooperation, smart regulation, and shared standards can create opportunity at scale that benefits both global and regional economies.”