InteractiveBrokers Singapore has joined Singapore Exchange as a trading and clearingmember of its derivatives market, the latest step by the Nasdaq-listedbrokerage to widen its direct access to Asia-Pacific venues and route more ofits regional flow through local infrastructure.Singapore Summit: Meet the largestAPAC brokers you know (and those you still don't!)Theadmission gives the unit the ability to both execute and clear trades on SGX'sfutures and options markets without routing through a third-party intermediary.SGX saidthe addition brings its derivatives ecosystem to 68 trading members and 34clearing members, up from the 64 trading members and 26 clearing members theexchange reported in 2021.APAC Build-Out Continuesfor Nasdaq-Listed BrokerInteractiveBrokers Group, the parent of the Singapore unit, offers automated execution andcustody on more than 170 markets, according to the company. Its Singapore entity was set up in 2020 and has sincebecome one of the firm's main vehicles for regional growth.SGXmembership fits a clear pattern. In November 2025, the broker added Taiwan's Taipei Exchange to its trading roster, pitchingsmall and mid-cap access to clients worldwide. A yearearlier, in August 2024, it integrated Bursa Malaysia's listed derivatives,covering Crude Palm Oil Futures and FTSE Bursa Malaysia KLCI Futures. Earliermoves extended the firm's reach into Japan through global CFDs and into HongKong through cryptocurrency trading.Yujun Lin,CEO of Interactive Brokers Singapore, said in a statement that the membership"underscores our commitment to Singapore and the broader Asia Pacificregion."SGX Membership Base Growsas Competition BroadensThe SGXroster has expanded steadily over the past six years. US-listed INTL FCStone'sSingapore unit joined as a trading and clearing member in 2019, taking theexchange to 62 trading and 25 clearing members at the time. Chinesefirms including Shanxi Securities International Futures and Hong Kong-basedSynergy Futures followed in 2021, as SGX worked to deepen cross-borderparticipation in its pan-Asia equity index, FX and commodity contracts.Theexchange has leaned harder into new product areas in the past year. SGX's bitcoin and ether perpetualfutures went livein late 2025 with Marex as a day-one clearer, targeting institutional demandthat has historically settled on offshore venues. It has alsopushed its OTC FX franchise, naming BidFX co-founder Jean-Philippe Malé as CEO of SGX FX in early 2025.Competition for SingaporeFlow IntensifiesThecity-state has become one of the most contested battlegrounds for internationalbrokers. Interactive Brokers itself rolledout zero-commission US stock trading to Singapore residents last year, competingwith Tiger Brokers, Futu-owned moomoo and domestic platforms for the localretail base. On theinstitutional side, SGX has attracted fresh volume from regional and globalparticipants, with banks including Mizuho plugging into its FX platform.Pol de Win,Head of Global Sales and Origination at SGX Group, said the admission"reflects sustained international interest" in the exchange'sderivatives ecosystem.This article was written by Damian Chmiel at www.financemagnates.com.